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Pinecrest Energy
Symbol: PRY-X
Active: Y
Sector: Oil and Gas (Integrated Oils)
Last Price: 2.120
Last Price Date: 2012-05-24 01:15:02
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BUY on WEAKNESS	1.960	Eric Nuttall	Likes the Slave Point play, which is one of the most economic oil plays in Canada. This company has been doing a very good job of delineating the asset. Has and will be demonstrating that water flooding is very appropriate. Yesterday's quarter was mildly disappointing in that they spent a lot of money but showed flat production. Would pick away at this below $2.	2012-05-16

BUY	3.160	Eric Nuttall	(Market Call Minute) Reporting Wednesday. He is looking for huge growth in reserves.	2012-03-19

TOP PICK	1.920	Eric Nuttall	Did a $40 million financing at $2.40 in August. A pure play on the Slave Point in Alberta, which is hugely economic. Will be applying water flood to the play which could add a lot more value. Good balance sheet.	2011-10-13

DON'T BUY	2.250	Robert Lauzon	He has some companies in the same group. One is his top pick. Some interesting prospects in the red earth area. He is looking at other names at present.	2011-09-12