Opinions
Glenn MacNeill, P.Eng.
Tiverton Petroleums
TIV-T
WEAK BUY
Dec 18, 2003
Has had some interesting discoveries. Seems to be growing. High risk/high reward.
$0.435
Stock price when the opinion was issued
oil
gas
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BUY ON WEAKNESS
Have a very important play in an area called Gallahad and are waiting for better weather to drill. If they are successful, the stock could go to $2.50. Producing 800 barrels a a day which is below their 1st quarter number of 854. Could exit 2005 at 1500 BOE's a day if Gallahad is successful. If you are patient, believes this will work.
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