2012-12-27
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| TOP PICK | $1.610 | CAUTIOUSLY OPTIMISTIC | NORTH AMERICAN - SMALL | Yes |
(A Top Pick Dec 29/11. Up 96.1%.) Really likes this story. Generated $30 million in cash flow last quarter. Have been some hiccups over the last couple of months where a pipeline went down but it is now back up and running. Feels they are going to find well results in the next couple of weeks or so from one of their tests and this could be quite prolific. Also, into discussions with Shell to get more capacity on the pipeline and if they can get this, he could see the stock getting to $2.50.
Peter Imhof
Investment Strategist,
Sprott Small Cap Equity