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| Robert Lauzon of Middlefield Capital Corp. |
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| HOLD | Advantage Oil & Gas Ltd | AAV-T | 3.490 | (Market Call Minute) Stock wont move until gas prices go higher | 2012-03-23 | ||
| BUY | Celtic Exploration Ltd. | CLT-T | 15.350 | It’s NAV is around $10, so it pricing in a premium because it its resource plays. In some of the best resource plays in Canada. Did a convertible debenture financing, so have cleaned up any pressure on the stock because of equity financing. Strike price is in the $20 range. Only paying 5% on this debt. It is good. If oil get weaker this one might not go anywhere for a couple of months. | 2012-03-23 | ||
| BUY | Canadian Natural Rsrcs | CNQ-T | 33.660 | (Market Call Minute) One of the cheapest energy stocks in Canada | 2012-03-23 | ||
| BUY | Pace Oil and Gas Ltd | PCE-T | 5.310 | (Market Call Minute) Trudging way too cheap and viewed as a gas company but going to oil. | 2012-03-23 | ||
| BUY | Suncor Energy Inc | SU-T | 32.800 | Canadian oil sands is getting approximately $80 for their crude. This is causing all oil producers in Canada to be a little weaker than expected. SU had an operational failure about a week and a half ago. If you are a long-term investor, this is a great asset to have. Short-term not a lot of growth here. | 2012-03-23 | ||
| BUY | Talisman Energy | TLM-T | 13.100 | Was a really poor performer. Thinks it is washed out and you wont get hurt buying it here. Hold for one to three years. | 2012-03-23 | ||
| HOLD | Phoenix Energy Services | PHX-T | 10.500 | (Market Call Minute) Just initiated a dividend but it goes sideway from here. | 2012-03-23 | ||
| TOP PICK | Trilogy Energy Corp | TET-T | 26.890 | 30% oil. Being hit because it is viewed as a gas stock. Produces a lot of condensate to dilute oil sands oil. Down $13 a share and a great position to own at these points. | 2012-03-23 | ||
| WAIT | Chinook Energy Inc | CKE-T | 1.470 | Has had a few divestments to keep the balance sheet clean. You might want to wait to buy it because it is Nat. Gas and you want to go through the shoulder season. | 2012-03-23 | ||
| BUY | BlackPearl Resources Inc | PXX-T | 4.200 | (Market Call Minute) Will have a resource update in 3-4 months that moves the stock higher. | 2012-03-23 | ||
| TOP PICK | Painted Pony Petroleum | PPY.A-X | 8.260 | 18 month hold. No debt. If you want to buy a gas company here is great option. A long-term buy and hold play. Don’t have to be worried about a balance sheet problem. | 2012-03-23 | ||
| PAST TOP PICK | Open Range Energy Corp. | ONR-T | 1.370 | (Top Pick May 9/11, Up 179.00%) | 2012-03-23 | ||
| WEAK BUY | Angle Energy Inc | NGL-T | 6.000 | Always chatter that Pen growth would buy them. Thinks they are an ok stock to own. Thinks they have increased risk because of liquidity. Thinks it will be a plodder here. | 2012-03-23 | ||
| BUY | Legacy Oil + Gas Inc. | LEG-T | 10.270 | Primarily viewed as a n oil company.. Hiccup in the last month due to concerns due to costs. Announced in the last couple of days. $10 is a good entry point. Eventually it will get to $15 or $16 over the net year or two. Lot of hedge funds and fast money own this stock. | 2012-03-23 | ||
| WAIT | Arcan Resources Ltd. | ARN-X | 4.730 | Some recent news that shows they are still drilling wells. There was always chatter about who was going to by them. | 2012-03-23 | ||
| BUY | Tourmaline Oil Corp | TOU-T | 24.000 | (Market Call Minute) Lowest cost gas producer in Canada. | 2012-03-23 | ||
| PAST TOP PICK | Yangarra Resources | YGR-X | 0.485 | (Top Pick May 9/11, Down 25.38%) | 2012-03-23 | ||
| PAST TOP PICK | Canelson Drilling | CDI-T | 4.820 | (Top Pick May 9/11, Up 52.95%) | 2012-03-23 | ||
| TOP PICK | Poseidon Concepts | PSN-T | 14.600 | Dividend almost 8%, monthly dividend. Growth very, very rapidly. A lot of fluid being held in lined pits. They have a better way of doing it. Lots of hedge funds are short this stock and are spreading rumors. The tank failure today did not happen. | 2012-03-23 | ||
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| BUY | Arc Resources Ltd | ARX-T | 21.940 | He sees good value if you buy it in low $20s. 10-12% growth. You can sleep at night owning this. | 2011-09-12 | ||
| BUY | Canadian Natural Rsrcs | CNQ-T | 33.530 | One of the market movers because of its size. Hit hard over the last 3-4 months. It trades like an oil stock. Downside is $30. One of the biggest natural gas portfolios in Canada but they aren’t drilling it. IF he picked one major to buy on this pull back it would be this one. Has cash flow and free option for natural gas. | 2011-09-12 | ||
| BUY | Freehold Royalties | FRU-T | 17.370 | Trades with the oil markets. Nice cheque collector and pay a lot of that out in yield. If oil gets to $70s there is a chance of a dividend cut. Their tax losses run out next year so might have to tweak dividend a little bit. A pension plan might want to just buy it. | 2011-09-12 | ||
| WEAK BUY | Husky Energy | HSE-T | 23.000 | Definitely been a disappointment. 4% dividend. Another very large company going through change. Where’s the focus. They are trying to make another push into Canada. Prefers more of the mid-cap names. Give them another year and they will bear some fruit. | 2011-09-12 | ||
| WEAK BUY | Imperial Oil | IMO-T | 37.490 | Trades with oil prices. Big cap X ahead of them. Doesn’t own much of it. | 2011-09-12 | ||
| BUY | NAL Energy Corp | NAE-T | 8.980 | If you want a combo of income and growth, you get the income and growth will come with commodity price increases. Wet spring may impact their next quarter results. | 2011-09-12 | ||
| WAIT | Perpetual Energy | PMT-T | 2.330 | They are one of the largest shareholders. They have too much debt but if he didn’t think gas was going to $6 he would not be holding it. Got booted out of the index and caused selling, so that is a sign of a bottom. | 2011-09-12 | ||
| BUY on WEAKNESS | Vermilion Energy Inc | VET-T | 40.850 | Held for a long time. Will have to write off shale in France but it is priced in. Not a bad time to add this one on this pullback. | 2011-09-12 | ||
| DON'T BUY | iUnits S&P/TSX Capped Energy ETF | XEG-T | 16.360 | Not a balanced portfolio. SU is 20% of portfolio. You are just buying a few stocks. | 2011-09-12 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 41.430 | Dividend is secure if oil is above $65. Pay a hefty dividend. They know they can’t cut it or loose their trading multiple. | 2011-09-12 | ||
| N/A | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Thinks we are getting to the end of the Greece story. It’s a slow process when they all have to agree in the EU. The market hates uncertainty. One layer of uncertainty peeled off the onion. He is cautiously optimistic that we will miss a double dip recession. Everyone in OPEC Everyone goes full guns except for Saudi Arabia. It took about 6 months when they put extra oil on the market for it to get refined and hit inventories. He sees Oil at $80. The wild card is Libya. If it comes on by end of December we test $70-$75 oil. It would be the best buying opportunity since 2008. China’s demand is changing energy generation from oil to Coal and then to Natural gas and nuclear. The oil will go for auto fuel. If you can stomach the market for 3-5 years there will be LNG exported to China in larger quantities. | 2011-09-12 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Natural Gas: $4 is the place where a lot of companies can’t make money. Certain gas plays are profitable at that rate. Liquid rich gas producers get revenue from the condensates. Dry gas producers cannot make money at $4. $6-$7 is what you need to pay for the costs for all stake holders in a gas company. Bullish on Natural Gas. It will move up $2 in 18 months. | 2011-09-12 | ||
| TOP PICK | Trilogy Energy Corp | TET-T | 25.600 | Buying since $10 or $12. A bit of a yielder. Torquier growth story. Great buying opportunity today. Tremendous running room in a couple of their plays. | 2011-09-12 | ||
| PAST TOP PICK | Daylight Energy Ltd | DAY-T (Dead) | 6.880 | (Top Pick Sep 13/10, Down 25.38%) It’s down 21% in the last 7 or 8 weeks. It’s unfortunate. They try to tease the market with new plays. They aren’t concentrated on any one play. Debt levels are creeping up. You get yield and some growth as Nat Gas prices go up. | 2011-09-12 | ||
| BUY | Penn West Petroleum | PWT-T | 17.080 | Oil needs to test the low $70s before distributions get cut. Good diversifier. He prefers many other yielding names. You won’t stub your toe buying it if you get it below $20. Might prefer some others. | 2011-09-12 | ||
| PAST TOP PICK | Fairborne Energy Ltd. | FEL-T | 3.570 | (Top Pick Sep 13/10, Down 18.65%) At one point it was up 20%. They produced some really nice results this morning, but the market just doesn’t care right now. Not for the weak at heart. | 2011-09-12 | ||
| WEAK BUY | Birchcliff Energy Ltd. | BIR-T | 13.260 | Gasier name. Owns a different one. Would but if it sold off to $10. | 2011-09-12 | ||
| TOP PICK | Open Range Energy Corp. | ONR-T | 8.920 | Probably the biggest holding in many of his energy portfolios. Likes the liquid rich gas. Developed a service company within the operating company. | 2011-09-12 | ||
| BUY | Legacy Oil + Gas Inc. | LEG-T | 10.370 | Stock got a bit head of itself earlier in the year. Hasn’t looked back. Has been off quite harsh this year. More oil waited. Has started to add to. Now that it has corrected, it is a good buy. | 2011-09-12 | ||
| BUY on WEAKNESS | PetroBakken Energy | PBN-T | 10.480 | Saw compelling value about a month ago. Market is worried about debt levels. Looks like they are on tack for this year. Pays a nice yield. Below $15 is represent good value. | 2011-09-12 | ||
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| TOP PICK | Wild Stream Exploration Inc. | WSX-X (dead) | 9.600 | Starting to buy oil stocks while it has pulled back. Manage the company very conservatively to preserve value. Juicy acquisition target for someone over the next couple of years. | 2011-09-12 | ||
| PAST TOP PICK | Rockgate Capital Corp. | RGT-T | 1.300 | (Top Pick Sep 13/10, Up 77.78%)_African company that has a nice Uranium/Silver play. Nice asset and it got pulled back with Japanese crisis. Possible take over candidate. | 2011-09-12 | ||
| DON'T BUY | WestFire Energy | WFE-T | 5.890 | Stubbed their toe a couple of times on production misses. He went with other names. | 2011-09-12 | ||
| BUY | Tourmaline Oil Corp | TOU-T | 32.240 | One of his top holdings and probably the most expensive stock. Management has created value for shareholders. Anyone that can create billions for shareholders will always garner that multiple. Lots of running room and room to exploit what they have over the next 10-15 years. They are buy land that is accretive. Keep expanding their inventory and accumulating undeveloped land. Will never sell. May trim from time to time. | 2011-09-12 | ||
| DON'T BUY | Pinecrest Energy | PRY-X | 2.250 | He has some companies in the same group. One is his top pick. Some interesting prospects in the red earth area. He is looking at other names at present. | 2011-09-12 | ||
| BUY | Bonterra Energy Corp | BNE-T | 57.040 | Dull, boring company because of the way it's managed and doesn't keep him awake at nights. Has had phenomenal returns and great efficiencies. Continue to raise the dividend in line with oil prices. | 2011-05-09 | ||
| DON'T BUY | Compton Petroleum | CMT-T | 0.295 | One of the most levered natural gas companies in the universe. Very high risk. The value of the company is really in the debt. | 2011-05-09 | ||
| BUY | Encana Corp | ECA-T | 31.470 | Current price is a great entry point. Expects gas will get to the $6-$8 range in 18 months, this could be a $45-$50 stock. Blue chip with lots of assets to back it. | 2011-05-09 | ||
| Comment | Enerplus Corp | ERF-T | 30.030 | Feels the dividend is sustainable. Based on their current CapX expectations, their payout ratio is just over 100%. Feels natural gas over the next 18 months will go higher and will benefit them. Putting a lot of money into the Marcellus but the shale gas in this area is a bit worrisome. As a single stock, don't Buy bit in a basket, it's OK. | 2011-05-09 | ||
| BUY on WEAKNESS | Husky Energy | HSE-T | 28.290 | Thinks this will do a gradual move up. Will take time. New management. Expect it will get back to $32-$33 in a few years. You get a 4.4% yield to wait. Buy when it dips to $26-$27. | 2011-05-09 | ||
| BUY | NAL Energy Corp | NAE-T | 12.660 | It's primary properties are in the Cardium, one of the oldest pools that has been extrapolated in Canada recently with horizontal drilling. Great yield at 6.9% so total expectation returns should be double digits. | 2011-05-09 | ||
| DON'T BUY | Nexen Inc | NXY-T | 23.140 | Had to suspend production in Yemen. Also have operational issues in their Buzzard field in the North Sea so continue to miss production. Oil sands project, Long Lake, has never met expectations. | 2011-05-09 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 43.960 | Could see this hitting the $48-$50 range over the next year or so. Have a rolling hedge program so are selling forward oil on the $100 range. Doing water floods on their Bakken properties. Also, exploring in Southern Alberta in the Bakkens. Sees the stock at $48 and with the 6.4% yield you get a nice return. | 2011-05-09 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Big sell off last Thursday shows the speculation in the commodities market. A lot of it was driven by the amount of liquid money we have because of low interest rates. People are flocking to anything where they can make money. Not only did you have oil move through $100 because of unrest in North Africa, but speculators want to re-test its old highs. Feels the fundamental price for oil is in the $85 range. He puts the $85 oil price through his models so if oil is at $85, his oil picks will be fairly valued. Also, owns companies that pay dividends so in times of volatility, which helps insulate your total return. | 2011-05-09 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Natural Gas. Feels it will be higher in 12 to 18 months. Starting to see demand increase. Expects to see massive decline rates soon. | 2011-05-09 | ||
| PAST TOP PICK | Daylight Energy Ltd | DAY-T (Dead) | 10.590 | (A Top Pick Sept 13/10. Up 11.98%.) Good story. In the sweet spot of the deep basin where there are a lot of good economics on liquid rich gas. Have done some oil acquisitions. Safe dividend. Worth $13-$15. | 2011-05-09 | ||
| PAST TOP PICK | Fairborne Energy Ltd. | FEL-T | 4.610 | (A Top Pick Sept 13/10. Up 3.37%.) 75%-80% gas. Looking for $7 on it. Good acquisition candidate. | 2011-05-09 | ||
| BUY | Bellatrix Exploration Ltd. | BXE-T | 5.100 | Producing pretty good results so will torque to $5.50 back to $6 or in that range. Has some nice Cardium land. Possible takeover candidate. | 2011-05-09 | ||
| DON'T BUY | Bankers Petroleum | BNK-T | 7.960 | Expects this will tread water for awhile because of all the geopolitical risks. Their land are the old Russian fields in Albania that they are reviving. High risk area. | 2011-05-09 | ||
| HOLD | Questerre Energy | QEC-T | 1.090 | Play on shale gas in Quebec. It has been 2 years on not knowing what is going to happen. Trading around its worth of $1, which is its cash and Alberta properties, so basically Quebec is free. If you feel Quebec will happen, it's a $1.50-$2 stock. Pretty much dead money. | 2011-05-09 | ||
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| HOLD | Gran Tierra Energy Inc. | GTE-T | 6.840 | Tries to keep most of his investments in North America but does own a bit of this. Had an okay reserve report that came out. Missed a little on production and shares dropped. | 2011-05-09 | ||
| TOP PICK | Open Range Energy Corp. | ONR-T | 5.000 | Pulling out natural gas but the liquids they are getting really pays for the wells. Near Peyto (PEY-T). Developed a service company handling frac fluids. Company can be valued 2 ways, exploration and production of natural gas is worth $3 to $4 a share and the frac side is worth $2 to $3. | 2011-05-09 | ||
| BUY | PetroBakken Energy | PBN-T | 17.140 | Just started buying in the $17-$18 range. Comfortable that things are turning. Will probably have a sloppy Q2 because of weather conditions. Expect they will exit the year at production rates that meet expectations. Looking for $21-$22 by year end. 5.5% yield. | 2011-05-09 | ||
| PAST TOP PICK | Rockgate Capital Corp. | RGT-T | 1.500 | (A Top Pick Sept 13/10. Up 108.33%.) Uranium and silver. | 2011-05-09 | ||
| Comment | Tuscany International Drilling | TID-T | 1.250 | Domiciled in South America that he feels is a riskier place to operate. Prefers other service companies and drillers that are working in Canada. (See Top Picks.) | 2011-05-09 | ||
| WATCH | Parallel Energy Trust | PLT.UN-T | 10.750 | Didn't participate in the IPO. Will wait for a couple of quarters. Their production is in Texas in an area that hasn't been drilled much in the last few years and he would like to see what the real decline rates are. Good yield of 8.6%. | 2011-05-09 | ||
| TOP PICK | Yangarra Resources | YGR-X | 0.650 | One of his favourite plays is Bonavista's (BNP-T) Glaucomite and this company is partners with them on some of the land. Should almost be able to double production this year. 1,200 barrels a day to over 2,000. Also have some Cardium and some exploration projects. Feels the NAV is $0.90. | 2011-05-09 | ||
| TOP PICK | Canelson Drilling | CDI-T | 4.400 | Great management team. Have 4 rigs in the US and a lot in Canada and less exposure in South America. Rigs are less than 3 years old. 3,500 to 4,000 meters in depth so they can do a lot of horizontal. Rigs are 90% to 100% utilized. Have lots of pricing power. | 2011-05-09 | ||
| Comment | Altagas Ltd | ALA-T | 20.100 | There would be some upside if you think the economy in Alberta is going to increase. Fairly hedged so natural gas prices do not hurt or help them too much so would be more concerned on the electricity side. | 2010-09-13 | ||
| PAST TOP PICK | Bonterra Energy Corp | BNE-T | 40.050 | (A Top Pick Oct 5/09. Up 61%.) One of the first acquirers of Pembina Cardium. Have some of the best lands. Have always increased dividends. Still a buy. | 2010-09-13 | ||
| BUY | Breakwater Resources | BWR-T (Dead) | 4.190 | (Market Call Minute.) Good stock to own. | 2010-09-13 | ||
| DON'T BUY | Compton Petroleum | CMT-T | 0.480 | Had too much debt on the balance sheet going into the lower gas prices. Trying to work out with this by selling assets. It's just a Call option. | 2010-09-13 | ||
| Comment | Husky Energy | HSE-T | 25.990 | (Market Call Minute.) When gas rebounds, they'll probably spin off their Asian gas assets as an IPO, that is a catalyst to move it back into $28-$30. | 2010-09-13 | ||
| Comment | Imperial Oil | IMO-T | 39.150 | Has been a disappointment given the rally in oil. Pays on low dividend. Hasn't recovered from the recession. If you are a blue chip, buy-and-hold it's okay to own. If you can take more risk, there are better names out there. | 2010-09-13 | ||
| PAST TOP PICK | Queenston Mining | QMI-T | 4.140 | (A Top Pick Oct 5/09. Down 34%.) Gold. Didn't execute on the amount of ounces he expected. Trimmed some of his position. | 2010-09-13 | ||
| BUY | Teck Resources Ltd. (B) | TCK.B-T | 40.680 | A one-stop shop for diversification. Coal and copper are some of its main products with a little bit of zinc and gold. Looking for $55-$60. | 2010-09-13 | ||
| BUY | Trans Canada Corp | TRP-T | 38.250 | A good, long-term company to have in your portfolio. 4% yield. They will convert dividends for you into new shares. | 2010-09-13 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 37.710 | Good income stream. Have done a lot of equity deals over the last few years. Good story. Like oil so could be an acquisition target by foreign investors. | 2010-09-13 | ||
| PAST TOP PICK | Uranium One Inc. | UUU-T | 3.470 | (A Top Pick Oct 5/09. Up 31%.) Asset base is focused in Kazakhstan where there is very strong uranium production growth. Russians have a controlling interest, which he prefers over the Kazakh government. Paying $1 special dividend late this year or early next. NAV is $3-$3.25 so there is still very good short-term upside. | 2010-09-13 | ||
| Comment | Western Canadian Coal Corp. | WTN-T (Dead) | 5.050 | Metallurgical coal market is still fairly tight. Prefers Westshore Terminals (WTE.UN-T) which pays a nice dividend and has less volatility. | 2010-09-13 | ||
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| SELL ON STRENGTH | Grande Cache Coal Corp. | GCE-T (Dead) | 6.500 | Prefers Westshore Terminals (WTE.UN-T). Expects this could get past $7. If you own, look for $7-$7.25 as an exit point. | 2010-09-13 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Natural gas. Expects it to be almost a double from here over the next 12-18 months. | 2010-09-13 | ||
| BUY on WEAKNESS | Hudbay Minerals Inc. | HBM-T | 15.750 | He is positive on base metals and this is one that he would own. Probably $1 or $2 upside in the short term but could pull back to $14. | 2010-09-13 | ||
| BUY | Trilogy Energy Corp | TET-T | 11.630 | (Market Call Minute.) Still waiting for results from the Dubernay (?) shale. He has continued to add shares all through this year. Pays 4%. Levered play towards natural gas. | 2010-09-13 | ||
| TOP PICK | Daylight Energy Ltd | DAY-T (Dead) | 9.860 | Have amassed a resource portfolio that allows the company to decide if they want to overweight oil or gas. Currently at about 55% gas. In 3 really strong resource plays. Looking for $11-$12 range. 6% yield. | 2010-09-13 | ||
| TOP PICK | Fairborne Energy Ltd. | FEL-T | 4.450 | Best risk/reward potential in the mid-cap gas universe. Cheap at $40,000 per flowing barrel. If they can garner their multiples and grow production, the stock could be $7. | 2010-09-13 | ||
| BUY | Bellatrix Exploration Ltd. | BXE-T | 3.790 | Recently bought some of this. Another way to play the Cardium. Have amassed a fairly large section to drill. Will probably be a takeover target in 3-4 years. | 2010-09-13 | ||
| Comment | Pele Mountain Resources Inc. | GEM-X | 0.175 | Marketed themselves as a uranium company a few years back. Uranium has had a real strong uptick recently. You wouldn't have made any money off this in the last 3-4 years. | 2010-09-13 | ||
| BUY | Questerre Energy | QEC-T | 2.820 | Nice land package. Looking for stronger natural gas prices. Good potential in their Utica shale. Expected to come out with some results shortly. Partners are active in this area, which should get the stock moving. | 2010-09-13 | ||
| Comment | Mega Uranium Limited | MGA-T | 0.580 | Uranium is now starting to move. Once it solidly stays at $50 for a while there will be a real re-evaluation in the sector. This is more of a trading vehicle and could easily be $.75 next year if he is right on the uranium call. | 2010-09-13 | ||
| BUY | Thompson Creek Metals | TCM-T | 10.550 | Has been an under performer this year because of production and the negative view on molybdenum. Recently made an acquisition that gets them into precious metals. Should be in the $14-$15 range in 12 months. | 2010-09-13 | ||
| BUY | Mercator Minerals Ltd. | ML-T | 0.130 | Molybdenum and copper production beat expectations. He is positive on both commodities. Looks like it could get to $3.50 in a year or so. | 2010-09-13 | ||
| DON'T BUY | First Uranium Corporation | FIU-T | 0.880 | Struggled with management and production issues and has been a poor executed story. He owns the convertible debentures, which pays a yield while you wait and possibly get some of the money back when uranium rebounds. | 2010-09-13 | ||
| DON'T BUY | Legacy Oil + Gas Inc. | LEG-T | 10.800 | (Market Call Minute.) Likes the company but the valuation is a little bit high. There are others that look cheaper. | 2010-09-13 | ||
| Comment | Canacol Energy Ltd. | CNE-T | 1.340 | He owns the convertible debenture instead. Has been a great way to play Colombia. Colombia might be getting a little long in the tooth. | 2010-09-13 | ||
| TOP PICK | Rockgate Capital Corp. | RGT-T | 0.720 | Uranium. Pulled back when they raised money for their drill program but to him it is still worth $1. Drill results should be out in a month or so. | 2010-09-13 | ||
| HOLD | Canaco Resources | CAN-X | 2.850 | There has been a great little rally in the Junior and mid-cap gold sector over the last 2 months. | 2010-09-13 | ||
| BUY | Mesabi Trust | MSB-N | 32.770 | (Market Call Minute.) Nice way to play iron ore. Pays out high yield and gives exposure to iron ore prices. | 2010-09-13 | ||
| TOP PICK | Bonavista Energy Corp | BNP-T | 23.460 | About 60% natural gas. Made a nice acquisition last year from Encana (ECA-T). 8% yield. Management owns 15% of the company. | 2010-01-06 | ||
| Comment | Canadian Apartment Properties | CAR.UN-T | 14.430 | A lot of apartment properties along the Toronto subway line and with low interest rates people were buying condos last year. Thinks this will slow when interest rates begin to move up in 5-6 months. There is a glut of rental units. Also have to spend CapX on the units. Cheap on a valuation standpoint. 7.5% yield. | 2010-01-06 | ||
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| HOLD | EnerCare Inc | ECI-T | 4.600 | Has been buying this in the $3-$4 range recently. Feels it is worth $5 a share. 14% yield. Have to restructure some debt but if this occurs it could be a $6-$7 stock in a few years. | 2010-01-06 |
