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TSE:NKO

Niko Resources (NKO.TO)

BUY
Feels that political risks are limited. Not too speculative.
WEAK BUY
Is going to break through the wall, possibly strong movement
TOP PICK
A stock that you can buy and forget about. Expect shares to go higher in the next 18 months.
WEAK BUY
Exposed to very large oil and gas reserves in India. The problem is you are paying for the big discovery even though it is not in production yet. The price is too high to meet their investment criteria. Good management.
BUY
Will have fabulous growth and production over the next year.
BUY
An internationally located company that is an very rich territory. Very attractive.
BUY
Trading at about 8 X book value which is too rich. However, the fair market value based on earnings forecasts is around $80/90. Speculative.
BUY
A terrific story. They have a portfolio of tremendous opportunities. Besides their Indian properties they also have Bangladesh.
STRONG BUY
An excellent long-term buy and hold. India remains the one last large unexplored territory for gas/oil reserves.
BUY
A great story for the long term.
TOP PICK
Have an option on a very large gas well in India. Just raise a lot of capital which would indicate the well is good.
BUY
A good, long-term growth story. Good partnership. A buy and hold.
HOLD
Has continually frustrated him.
BUY
A lot of these stocks made a high in January. This one is coming back towards its high. Understand the fundamentals are excellent. A very nice and established trend of higher highs and lower lows.
STRONG BUY
Target of $34. Doing aboiut 40million per day. New rig will be in place soon. Could go to 100-150 million. In 3 years its a $60 stock.
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