Bill Harris, CFA Fortress Energy Inc. FEI-T BUY Jan 03, 2006

A great company. Likes the guys behind it. They've built an asset base. They're taking their own money and building it themselves rather than going through dealers, so not widely followed. Extremely inexpensive. Hopefully you get a 20% organic growth out of it.

It is fairly established for a junior company as they have an asset base and a full management team. They have extremely high quality people there but they don't have name brand recognition. The extremely warm winter has held them up. During this period they have built up their opportunity base and they will come out firing.

Lukewarm on the energy sector as a whole. Needs to see good Funding & Development costs to be interested in a company. Larger companies have an easier time maintaining drills on their sites.