2012-12-28
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| TOP PICK | $4.830 | BULLISH on RESOURCES | RESOURCE | Yes |
Junior oil/gas company. 50/50 oil and gas in the Viking and Redwater area as well as Montne oil in the Peace River Arch. Trading at some of the cheapest valuations out there. 30,000 per flowing barrel versus 70,000 per flowing barrel on some of the intermediates. Have 1 million acres of undeveloped land. Sharp management. Could see this at $7-$8 in 12 months.
Michael Giordano
VP Investments & Portfolio Manager,