"based on his model of the well economics of the Utica shale combined with well test data to date, he believes Questerre has the makings of a commercial project."
What great news this is. More and more people are confirming the commerciality of this play. I can't wait for the Forrest results as this will drive the price higher. I only wish the economy in general would clear up so that we can realize the maximum gain when the news is released.
The fact that QEC is being added to the small cap index, is like Somkey2 and Ineptus stated, will cause buying from fund managers. The addition takes effect monday 22nd of September. Expect some decent volume on Friday.
Unfortunately, it is down in Oslo this morning to 13.3 = 2.48CAN. Are traders and hedge fund going to keep this stock down until more news? I figure that they will be able to for a few more weeks, but not too much more than that. Long term prospects are great!