Black Rock (BVI.TO)

Will probably quadruple production in each of the next five years. Cash flow will probably go from $.62 to two $1.30. No debt.

Has some excellent properties. Good growth in its production. Has steered clear of heavy oil because of its element of risk.

Up 27% year-to-date. Last quarterly report was not as good as previous ones. A new development looks promising in including a pipeline. Volume has thinned out. Has resistance at $3.10. If it can break through that, it should have more upside.

A heavy oil producer. Would wait until asphalt season is over. Buy in the fall.

Better places to invest.

Has good backing. Costs are very high toget at heavy oil.