posted on
Aug 27, 2008 01:02PM

Welcome To The Questerre Energy HUB On AGORACOM
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Message: Binnion
I don't think any of the shareholders are opposed to a takeover lol...so as long as we get a fair price for our shares/company. I think that Binnion and the others are smart enough to prove up the other plays like Liard Basin, Antler and keep drilling heavy with Encana at the Greater Sierra property ON TOP of the whole quebec play...so if the time does come for a takeover...everything is valued into the price of the company. Albiet, quebec will be the majority of the value, but if numbers like they mentioned in the recent report of 1tcf/section, owning 35 sections will good commerciality and recoverability work out, then that play will definantely be valued at a higher price. Of course it may cost more to develope Liard, but I imo NG prices will be going higher and higher as years go by and if taken over by a company with deep pockets (most likely will have deep pockets), then they will have the money to develope that play.
Just realized I was rammbling on and on lol, sorry...hope you got my point...please add to this.
Rocco:)
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