Ann: Canadian Corporate Financial Advisor Appointed, page-9

Hi Cmon,

Given we’re at the anaemic low 2’s at the moment, what do you think we could realistically achieve for a land flip? One of the things you mentioned in (I think) your post from yesterday referenced the patience of those experienced in the Montney regarding potential acquisition plays. Given the near zero interest in the stock at circa 2.2 cents, do you think a 120% jump to 5 cents can be achieved without any significant infrastructure/ancillary spending? Like everyone, I’m sweating on the reserves report, but is that report likely to propagate a potential SP increase of the 120% magnitude? I suppose what I’m wondering is can a reserves report provide the mind-blowing re-rate, given what we do know of the reserves to date. There seems to be just zero speculative interest in CE1 from any larger players, despite being at 2.2 and despite what we currently know.

Thanks for your thoughts & the thoughts of other posters of this matter....What can we move to from 2.2 without spending/capital raising???

Regards, Clozapine