Tuesday, May 27, 2008

CQM.H - I bought shares today for posterity sake

Picked up about 4,000 shares at $4.50 today for posterity sake. It was tough to pull the trigger after missing out on Monday but what the heck. Their 3.75% WI in the land where Talisman drilled Gentilly #1 is apparently more acreage (according to my lady friend) than the 55,000 acre deal with Junex. Their announcement today about the 20% farm-in partner is what caused me to buy after re-evaluating my original $3 target (from $.30). I'm guessing it's Talisman but we'll find out in a few days.

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