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Pastimes : Crazy Fools LightHouse

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To: ms.smartest.person who wrote (3103)5/21/2008 11:32:53 AM
From: Paul Senior   of 3198
 
I am looking at possible stocks for the Utica/Quebec shale play. For now, I've decided to just up my few Corridor shares a little.

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ref. David Pescod:

"...We were on the phone to Andy about something else...how come one of his favorite stocks, Corridor Resources is having such a run over the last two days? “It’s all the do with the Quebec Utica shale gas play that is attracting so much attention to companies with names like Questerre Energy (QEC), Petrolia Inc. (PEA) and Junex Inc. (JNX). And people are suddenly starting to look around for other shale gas plays to participate in and “what could be better than Corridor” he suggests, who has 220,000 acres that they virtually own 100% of instead of small chunks of.

Andy is one of the analysts to first give credibility to the shale play and he still asks the question, is the Utica another Barnett shale? It will take time to prove or disprove that, but in the meantime, if he could only buy one stock today, he suggests based on $100 million in cash flow next year and the potential for the shale plays which will be tested this fall, Corridor remains his pick of the day."
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