Jean-Francois Tardif
Raven Energy Ltd.
RVL-X
TOP PICK
Dec 23, 2005
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.
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.