Another brick in the wall ...

Noticed that trading of QEC was halted on the TSX for a couple hours last week. Nothing on the QEC site to explain it. Stock dropped about 10% once trading resumed. Anybody?

Very good news. Enterprise NAV well north of a buck based on Montney alone ... Utica, Bakken and oil shale businesses valued at nada, zilch and nothing.

Hang in folks.

Euro investors spooked by Cyprus? QEC still chugging along.

Negligible volume on the TSX. Don't sweat it.

Improved cash flow never hurts but the enormous multiples afforded the proposed takeouts of Celtic, Progress and Huron (and Shell's takeover of Duvernay in 2008) are all about proven and probable resources in place. QEC's challenge, therefore, is to prove out it's reserves. Montney alone could be enough to give QEC one hell of a pop.