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TSE:NKO

Niko Resources (NKO.TO)

BUY
Still likes this company. It is cheap here, but the market has sort of gone away from some of the internationals. The market's worried about their Bangladesh exposure. Price is a pretty good level entry point, but you will have to be patient. Well managed.
DON'T BUY
He is always cautious on a stock that has positive spin and poorly performing share price. There's obviously some political risk. A tough sector to be adding to.
BUY
Lots of upside for this stock.
BUY
Has hit a bit of a quiet period at the moment. Has fabulous assets. It should go up another $20 at some point.
BUY
Has come off. Likes what they are doing in offshore and onshore India and Bangladesh. Will probably get taken out by the Indians or Chinese. Good buy for the short term.
BUY
The key issue is the Chattak issue which is causing some destabilization. The reality is that the company is a multi-billion dollar company. Believes they will have success in Bangladesh. The key play is offshore India. Likes the price at this point.
BUY
One of the great Canadian international success stories. Feels the lawsuit in Bangladesh is frivolous and will go away. Bangladesh is a small part of their operations. Stock dropping is a buying opportunity. India natural gas is about half the price of US.
WEAK BUY
Things are going extremely well there short term. Extremely positive on the long term outlook. The trouble is that it is such a big stock they have to keep on repeating fantastic exploration results.
BUY
A raging bull on natural gas. India and China's demand for it is surging. As a long term play it looks attractive.
BUY
There are a couple of things that are short term concerns. Bangladesh has created some concerns and there is some talk in the press about them losing that asset. Doesn't think that will happen, but it has taken the glow off the stock. Very viable at this price.
WEAK BUY
Stock has been hit very badly because the Bangladesh government is holding them responsible for the fire at one of the wells. You wonder if this could be a similar problem as Petrokazakstan (PKZ-T) with the government trying to shake out ownership into Bangladesh or far eastern hands. Speculative.
BUY
A little more speculative than what he likes. Sitting on a mammoth potential, but not producing as yet. If you're bullish on oil and gas long term, then it's a buy. You may have to wait for production to catch up with the share price.
BUY
Moving off of D6 and going further off shore. The new seismic is stunning and looks bigger than their last discovery. A very big area.
HOLD
There should be more upside. Is into huge discoveries with the giant Reliance, the Indian company. If you've done well and are looking to go into a similar speculative one, you might consider GeoGlobal (GGR-A).
BUY
Weakness gives a chance to buy.
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