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BUY
Went up recently because it has an interest in the Utica shale in the Quebec lowlands. Little early to put hard numbers to it but it has certainly gone from being an economic to potentially hugely economic. Drilling will start in their New York properties in June and Quebec properties later this summer.
oil / gas
COMMENT
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).
oil / gas
COMMENT
This is the biggest player in the low lands area of the St. Lawrence. Over time, the stock could go much higher. In the short term, has had a big run so you have to be wary. If you have the patience and are bullish on natural gas, there is nothing wrong with entering at this level.
oil / gas
TOP PICK
Natural gas. Their prospects have been transformed by the announcement from Forest Oil (FST-N) of a discovery in the St. Lawrence.
oil / gas
STRONG BUY
Forest Oil (FST-N) is exercising their $10 million option to proceed in the Quebec low lands. Very well diversified with 1 million net acres, which is a potentially emerging natural resource base and are building up properties in West Virginia that are producing. Just announced some New York assets.
oil / gas
BUY
Very little gas production in Quebec, but it is an emerging area. Spudding shortly. Huge acreage. Should have pretty good shot. Very volatile. Speculative.
oil / gas
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Gastem Inc(GMR.H-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Gastem Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Gastem Inc(GMR.H-X) Frequently Asked Questions

What is Gastem Inc stock symbol?

Gastem Inc is a OTC stock, trading under the symbol GMR.H-X on the (). It is usually referred to as or GMR.H-X

Is Gastem Inc a buy or a sell?

In the last year, there was no coverage of Gastem Inc published on Stockchase.

Is Gastem Inc a good investment or a top pick?

Gastem Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Gastem Inc.

Why is Gastem Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Gastem Inc worth watching?

In the last year, there was no coverage of Gastem Inc published on Stockchase.

What is Gastem Inc stock price?

On , Gastem Inc (GMR.H-X) stock closed at a price of $.