Inceptus,

Solid post. The mention about QEC's production coming in when oil and gas prices will provide an even bigger catalyst. Getting in under a $1 is a great opportunity...even getting in a $2-3 isn't bad, especially if you plan on holding a little longer to let this play out.

Someone posted an article on how rig counts are decreasing big time, but even if prices start to increase, it's going to take time for the companies to get back to previous production levels, which will be better in supporting the price of gas. Bottom line is economic recovery, which I definantely see within a couple years if not less...right around the time Quebec drilling is increasing and headed to their 2010 production timeline.