Peter Brieger Fairquest Energy FQE-T BUY Jun 29, 2005

Likes it for the coal bed methane gas, but there are cheaper ways to get in. In the junior category, it is expensive at 8 X price to cash flow. In cheap juniors, he would prefer Storm Cat Energy (SME-X) at 4 X cash flow or Rock Energy (RE-T) at 3.5 X cash flow.

The first of what may be a few “ getting back together” scenario. With this, you will end up owning a part of Fairborne Energy Trust (FEL.UN-T). Better places to put your trust$.