Honestly, taking into account every single piece of information, shows such bullish signs....I may be repeating myself, but with the articles you have all read with regards to big institutions taking on PP's, TLM investing the amount of money they said, bringing on a massive partner with a huge success rate in shale plays and the big exposure in the papers with a a lot of institutions bullish on the play...I think with all that into consideration, and the increasing technology in fracing etc etc, our chances our very very high.
Also, one thing I remembered, was when Encana, who has no exposure to the Quebec play, said that there was 100+ tcf of gas in place, with 24-30tcf recoverable back before forest results. Which is why a lot of ppl have been mentioning how forests' numbers are fairly conservative. If you take a look at the Barnett shales, the reserve numbers are increasing every year and not to mention, with the technology getting more advanced as I said before, they are increasing the amount of recoverable gas....and being close to markets in Quebec, we have a lot of big big advantages.
Thoughts?
Rocco:)