Stockchase Opinions

Dean Orrico Deer Creek Energy Ltd. DCE-T BUY Jul 29, 2005

If you are a believer in oil/gas and strong commodity prices, this is one way to play the oil sands. Higher risks as they are just in the process of developing.
$18.000

Stock price when the opinion was issued

oil gas
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HOLD
Has room to move. Probably the only smaller company working in the oil sands that has no partnership set up. Would hold and wait for events.
DON'T BUY
A project in the oil sands near Fort McMurray. It is a SAG (steam assisted gravity) deep project which is more difficult than the open mining. Have good sponsors. Would consider at a lower price.