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Opinions Glenn MacNeill, P.Eng.
Innova Exploration Ltd.IXL.TOWATCHNov 10, 2006
A very volatile story. There’s a shareholders group that has an offer that they are now re-considering. The 2 main assets are Saskatchewan, which is very exciting, and a gas play in northeast B.C. that has had some dry holes. You are getting the latter one for free.
$5.55
Stock price when the opinion was issued
oilgas
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Inexpensive compared to its peers with a 5 X multiple. Expanding its production quite dramatically, basically doubling its growth. Focusing on light oil which is a better place to be than gas.
John StephensonOwned
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