Jamie Horvat
Monterey Exploration Ltd. will
MXL-T
TOP PICK
Sep 16, 2009
Junior gas play. Management owns about 23% of the company. Trades at about 50% of their NAV. Just raised some short-term money to do a 3-well program. Shell surrounds their land. High prospective net acreage.
(A Top Pick Sept 16/09. Up 97.56%.) Junior gas play in northeast BC. Management owns about 20% and are continuing to buy stock. Growth is predicated upon resource potential. Relatively cheap.
(Top Pick Sep 16/09, Up 58%) Management has done exactly what they said they would do. Management owns about 13%. Continues to like this name for longer term.
Exploration/development small cap. Very successful with two horizontal wells. Pretty significant upside. $6-8 upside on a take-out. Management buying it up like crazy.