Where are the fools that invested in this stock in partial positions down to $2.50? For over a year we knew there was alot of oil in their leases. Now they have recently added some more lease holdings in Alberta. Don't panic fools you can still nibble relatively safely in partial positions up to $5.25. This one ultimately comes back to earth in the mid $3 range as oil goes to $63/bbl in the next cyclical downturn. The cycle however is never ending and the next time we touch the $80+/bbl region there will be roads, processsing plant, pipelines (most likely Pembina), and enough developement in the area to attract and keep the skilled experienced miner roughnecks to operate the ever improving technology that is pushing recovery rates in bitumen and oilsands to 60%. The ides of Oct have not yet come. A nasty hurricane in the US gulf region may propel BQI even higher. This is actually an American owned and operated company out of the Denver area. Danger Will Robinson!!! It is suspected by many that this is the stock Louis Navalier was hawking over a year ago in some junk e-mails as it cruised from $6 to nearly $8, on projections that it would eventually double and triple. $7.80 is a nice mark to shoot for from here as every time is different. Then again remember the last time the overzealous bid this one up.
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