Junex Inc. (JNX.V)

Starting to dig for oil in Quebec. Had a big base at start of 2008 and something drove it up and then it came back down. The base afterwords was even longer than before but it just had a breakout. It could be a good little move. Speculative buy.

Talisman (TLM-T) just came out with a well in the Utica Shale play producing 1,000,000 MCF, which is actually pretty good because when the display works out they'll do horizontal (multi-fraqing) and will probably be able to produce 3 to 5 times more. All the juniors in this area should benefit.

The Utica shale in Quebec could be very large. Rather than buying just one stock, you should buy a basket of them. This could include Questerre (QEC-T), Gastem (GMR-X), Junex (JNX-X) and Altai Resources (ATI-X).