Raven Energy Ltd. (RVL.V)

Being taken over by TriStar (TOG-T). Had hoped that it would have doubled production this year, so was somewhat disappointed.

Raven Energy is a previous past pick. Stock was hit by the price of natural gas. The company continues to grow and is trading at a cheap multiple. This company will continue to grow or it will be bought out. Feels confident about this stock. Recommends buying at this price.

Has about 1,000 BOE’s production currently. There is a good possibility for them to grow to about 1,500/1,700 in 2006. That's a 50/70% upside. The last quarter they made $.10 cash flow which would be $.40 and the stock is $1.80.