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Message: Re: QEC Target 8.25 Accumulation Taking Place Today 2nd Day in a row

Thanks for putting that up. I see that Anon has been buying a lot the past few sessions along with Fraser M. , TD (which could be retail) and BMO.

Merrill is honestly pretty shady, because they're one of the reasons markets are down a lot today, with there forecasts for energy and fertilizers being bearish...but I think it has seriously caused a HUGE panic selling....a couple months ago they're putting $150+ targets on oil, next they're saying $80...pfff give me a break...they have no idea anymore....and I can't stand analysts like that.

TSX went down pretty close to 4000pts guys...HUGE drop...but that also means an unbelievable amount of money on the sidelines waiting to jump in...and with great news coming(I believe), this is great for QEC as there is a lot of buying power on the sidelines looking for good oppurtunities....the PP we did will see us way through 2009 which is great and well done to the management for getting that great price. We are positioned very well.

QEC is all about potential right now and the potential is huge. Economics are in our favor along with partners with deep pockets and not to mention TLM really needs this play considering they are selling off foreign assets and focusing on uncoventional plays...so I understand why they are increasing the money put up and I can see them put even more time into this play in the coming year.

Bottom line, some great deals. The wonderful thing about QEC like I said, is that our valuation isn't about losing earnings or anything like that...it's all about what's in that ground, and if results are as we expect, then I cannot see whatsoever, investors ignoring the results we need and not buying in....that's like winning the lottery and not cashing in the ticket (if that made sense LOL).

Rocco:)

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