Robert Lauzon
Wild Stream Exploration Inc.
WSX-X
TOP PICK
Sep 12, 2011
Starting to buy oil stocks while it has pulled back. Manage the company very conservatively to preserve value. Juicy acquisition target for someone over the next couple of years.
This is low hanging fruit on the oil side. The growth is just on assets that they have. It’s very well valued in the market – it’s not expensive. Growth is just on assets and the management team has done it before.
Oil-weighted Saskatchewan producer. This company is probably worth $11-$12. No debt. Raised capital to expand drilling program. Clean balance sheet. 0 issues with management and he expects CPG will take them out a year from now. Biggest risk is that drilling program does not meet expectations and water flood program doesn’t pan out.