Opinions
Gavin Graham
Celtic Exploration Ltd.
CLT-T
SELL
Dec 11, 2012
$26.100
Stock price when the opinion was issued
oil
gas
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY
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.
oil
gas
TOP PICK
Natural gas. Good management. Excellent asset base. Have a Montney play that they are in the process of delineating. Very strong balance sheet. Management owns 20% plus of the stocks. Once you start seeing the LNG export capacity start coming closer to fruition in Canada, this is a takeout candidate. There is also a joint venture possibility.
oil
gas
Advertising
This has been effectively taken over by Exxon Mobil. If you own, you might want to Sell and lock in your profits.