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Message: Update From QEC

Re: Update From QEC

posted on Apr 29, 2009 06:22PM

Hi Bep,

Considering that QEC'S portion of the Lowlands play alone could net them in excess of 10 TCF and then there's the Beaver River asset that could prove to be a large commercial play as well I would say multiples of what we saw in June 08 would be a good start. Just have a look at SWG ( Southwestern Energy) and where they were in 2004 and where they are now and add in 3 stock splits and the number you come out with will be lmuch arger than you think. QEC stock is your 1 in 10 that you need to keep IMHO. $ 10.00 might look good right now but in four years time it'll look pretty cheap.



JQ:)

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