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Message: Report from Canacord (Quebec Exploration 2008)

Important section on this report but not shown properly is:



From Canaccord Report (2 Dec. 2008),


Potential Utica Valuation Potential Utica
$/share Leverage as % per s/price


Gastem GMR $ 2.12 311%

Junex JNX $11.38 749%

Questerre QEC $6.33 335%

"Best leverage to the upside on the play remains with these small-cap players (GMR-V,

JNX-V and QEC-T)"

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