Opinions

Mason Granger Arsenal Energy Inc. AEI-T DON'T BUY Jun 10, 2010

Management change in 2007. Wanted to be an international oil and gas player. Over the last number of years they did a lot of dispositions and focused on dispositions. Been taking a little off the table.

Mason Granger

Owned

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$0.880

Stock price when the opinion was issued

oil gas

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BUY

Just took over Tiverton Petroleums. Has heavy/light oil and natural gas. In partnership on a block of land in Egypt. Likes that portfolio approach. On his radar.

COMMENT

Grown dramatically in the last little while. Recently got new management, so a “wait and see” situation.

BUY

Turnaround story. Oil weighted. Properties in North Dakota to chase the Bakken play in the US. Very reasonably priced.

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Mason Granger Arsenal Energy Inc. AEI-T DON'T BUY Jun 10, 2010

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