2012-12-28
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| BUY | $2.490 | BULLISH on RESOURCES | RESOURCE | Yes |
Junior oil producer in Western Canada and producing about 3600 barrels per day. Core assets in southeast Saskatchewan area. Recently bought some Penn West Petroleum (PWT-T) assets and with that they announced a dividend model. This will bring in a different group of investors (larger). 9.4% yield.
Michael Giordano
VP Investments & Portfolio Manager,