Peter Brieger Storm Cat Energy SME-T BUY Apr 03, 2006

Likes it for the coal bed methane gas. In the junior category, it is inexpensive at 4 X price to cash flow.

Peter Brieger

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$3.390

Stock price when the opinion was issued

oil gas

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WEAK BUY

A very volatile company. Have some nice acreage positions in many different countries, good management team. Getting promoted quite a bit and not the type of quality that he likes to see, but he likes the team and the acreage so he's willing to make a bet to see what they do.

BUY

Likes this stock.

RISKY

Few have heard of this issue. But he does not understand the metallurgical processes. They seem to him to have a lot of risk, but extraordinary upside. They have a decent balance sheet and an ability to move forward. He is very attracted to this issuer. It is highly speculative, however.

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Peter Brieger Storm Cat Energy SME-T BUY Apr 03, 2006

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