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| DON'T BUY | 3.260 | Jennifer Stevenson | Shallow gas in Alberta, predominantly coal bed methane. Coal bed methane is very capital intensive and it needs a strong gas price. Good management team. Well-run company. Prefers others. | 2007-05-15 | |
| BUY | 3.500 | David Taylor, MBA, CFA | Very gassy name. Very low multiple. Net asset value of $5 to $7. | 2006-12-18 | |
| WATCH | 4.500 | Peter Grandich | This company is basically a shell but the expectation is that a project will come into their hands and should do well. Wait for some news as it is just a shell now. | 2006-06-26 | |
| BUY | 5.850 | Jean-Francois Tardif | A spin off from APF and Starpoint. Slightly below average in terms of multiples, so it is not very expensive. A small company with the potential to grow very fast. | 2006-02-15 |