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Message: Re: NEWS

Nov 20, 2009 10:02AM

Re: NEWS

in response to by
posted on Nov 23, 2009 08:04AM

Hey all,

This news release seems to be the best thing that could have happened to CQV....providing Minty doesn't find Oil before we do...haha. CQV and PDI have never really been in agreement about where the major deposits of oil sit on the West Coast. Steve's or CQV's opinion from all the seismic data and interpretation is different from Mintys'. At least now each group will be only foucsing on where they beleive the oil to be. Both parties had previously been putting money into exploation that maybe they didn't really want to but were obligated to by contract.

As for CQV aquiring a bigger chunk of the pie I couldn't be happier. Now with 38.5% it looks like we have a big enough percentage to really make a lot of people some money if and when it hits. Especially since we issued more shares recently a bigger percentage will help. I also think that now that we have a larger percentage any news from Drilling or logging results should help move the share price a little quicker and or higher.

As for the annual general meeting which is coming up on Dec 4th. Is there anyone who is in the Corner Brook area and will be able to attend?? I'm hoping to hear some good things coming from this years meeting hopfully regarding the restarting of drilling.

I also wouldn't be surprised to hear some activity with Shoal Point Energy. I expect to really see them become public over the next little while.

Hopfully we will see some more news soon.

Akerman


Nov 24, 2009 04:20PM
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