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Talisman Mining Ltd (TLM.TO)

BUY
Likes this, but prefers Crescent Point (CPG.UN-T) and Vermilion (VET.UN-T) energy trusts. Very good company and has room to appreciate in value.
BUY
Thinks growth profile is back in again. Have refocused their growth a little bit away from international and also have more core projects. Balance sheet is in good shape.
PAST TOP PICK
(A Top Pick June 13/08. Down 30.05%.) Still likes. Undervalued compared to other energy companies. Still trades at a discount to other Canadian producers. New management has been streamlining and getting them out of the less productive more dispersed assets and concentrating on higher-quality assets.
HOLD
Was a little disappointed in the new president because he seems to be determined to rush off into offshore situations but so far they have been fairly successful and beginning to attract more investors interest.
SELL
(Market Call Minute.) A classic energy stock. You buy around the end of November and sell around the end of May each year and you do very well.
TOP PICK
A way to play unconventional gas. Inexpensive relative to its peers. A turnaround story with new management. Good numbers coming out of their gas plays, especially in the US. Raised $700 million so expect they will make acquisitions or joint venture.
COMMENT
This is a great company and he likes the management. If the world continues to expand its thirst for oil/gas commodities, the 2nd half will be beneficial.
BUY ON WEAKNESS
Great set of unconventional natural gas assets in North America as well as some growth assets of light and sweet crude in Asia. Will be funded by the strong cash flows they are generating from the UK North Sea. Likes the valuation and the balance sheet and would add on a pullback.
PAST TOP PICK
(A Top Pick May 29/08. Down 22.1%.) Implementing their new strategic plan in a very effective way. Still a Buy.
BUY
Has some deep value compared to the other Canadian large caps and is trading at the lowest valuation of all of them. Likes the company. Diversified globally. Likes this story.
BUY
Just announced a nice discovery of oil off the coast of Norway. With the bank lending freeing up and commodity prices so hot it is possibly a takeover target again. Looking forward to it getting back to $25.
DON'T BUY
New management is doing a very good job. He is not buying because he does not like the price of oil and he sees the gas price having problems.
BUY
Have been turning itself around very quietly. Trading at next year's price to cash at about 3.8 times which is fairly cheap. Gotten involved with a big find in Kurdistan where the potential could be quite large.
TOP PICK
Bullish on oil long term. This company has been going through a restructuring over the last year and new management has done a good job of cleaning up. Trading at a big discount to its peers.
BUY ON WEAKNESS
Had very good success in Asia. Likes story longer term. Have significant upside potential in current projects
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