Black Rock (BVI.TO)

TOP PICK
Will probably quadruple production in each of the next five years. Cash flow will probably go from $.62 to two $1.30. No debt.
WEAK BUY
Has some excellent properties. Good growth in its production. Has steered clear of heavy oil because of its element of risk.
WEAK BUY
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.
DON'T BUY
A heavy oil producer. Would wait until asphalt season is over. Buy in the fall.
DON'T BUY
Better places to invest.
DON'T BUY
Has good backing. Costs are very high toget at heavy oil.
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