Tuesday, November 23, 2010

Calgary Herald article states "Relief could be on horizon for small gas producers"

An article in today's Calgary Herald says that "Relief could be on horizon for small gas producers." The article says that junior natural gas producers might not have to wait too much longer for relief from low prices.

"Gas prices have bottomed and a meaningful recovery could become apparent as early as this winter," Josef Schachter, president of Schachter Asset Management said. "Natural gas prices have bottomed, the new cycle is starting so the commodity of choice right now is natural gas ... we're bullish," he continued.

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