|BUY||$1.490||BULLISH on RESOURCES||RESOURCE||Yes|
Excellent entry point. Slave Lake area. Light oil and producing about 4000 barrels a day, but more importantly they were about to merge with Spartan Oil (STO-T) before Bonterra (BNE-T) took out Spartan so they were able to pocket a nice break fee of about $15 million. Could easily see it at $2 in 12 months.
VP Investments & Portfolio Manager,