TSX Venture

[howestreetbull]

all these quebec shale plays going ballistic
pcq,ati,qec,gmr,jnx, pea...

From SH, (PCQ BB),
ATI is next to fly easy double from here.

Middelkoop Discovery Alert****

“Quebec stands on the verge of becoming a major natural gas producer, as a U.S. energy company has reported significant discoveries of shale gas that could transform the region into North America's next hot new exploration zone”

Hello all,
I have just send one of the most Discovery Alerts ever to my members. Subscribe at www.discovery-investing.com <http://www.discovery-investing.com/> to read it all before market open.

Important Gas Discovery in Quebec

Forest Oil Corp., a Denver-based oil and gas company, informed investors on Monday April 1st (no joke) that its Utica shale prospects in the St. Lawrence Lowlands, between Montreal and Quebec City, could hold as much as four trillion cubic feet of natural gas reserves. Discovery of this magnitude are quite rare.

The news elevated Forest Oil shares to 15-year highs. Forest Oil has a market cap of almost five billion dollar. That makes this company much too big for the ten baggers we are hunting for. But what we can do is profit from a developing area play that looks too good to be true and maybe is. So, first a warning about investing in the companies mentioned: they could well be ten baggers or they could devalue over 90% from here.But I have decided to jump in quick and big.

I bought a substantial position in XXXXX Resources on seeing shares had jumped after market opening Wednesday. So did Asset Management I learned later that day. They participated in at least one of the two private placements which were realized within 48 hours after the news of Forest gas discovery was made public. This shows insiders take this area play very seriously. XXXX shares closed trading over 400% higher and are up over 1000% this week already.

It took me quite a while to understand the situation clearly. But after market close I contacted, president and CEO of XXXX, by phone and he informed me on specifics of this story. He sounded very open and realistic. This is what he told me.

The discovery is only 1.5 km away from the property boundaries. According to him it “is very likely the gas formation will also be found “under our land position”.* “We were contacted by several major companies and we “will be talking with a major on April 9th* April”. This formal meeting will most likely result in “a deal”

He also confirmed that their land package, almost 300.000 acres, is directly connected to the XXXXX properties . According to the CEO it is “99%” sure some of the gas will be found on their properties.

When we include these private placements XXXX currently has a market cap of just over $20 million

How to play this

Given the enormous size of the discovery, the extreme low market cap of XXXX *and the amount of publicity this gas discovery will receive in Canada it is not hard to imagine a share price of over at least a dollar in the near future.