Jim Huang Yoho Resources YO-X HOLD Mar 07, 2013

Good natural gas play. Has a good position in the Duvernay and Montney regions. Have been reasonably successful. Natural gas prices continue to be depressed and they are struggling to fund their exploration program. Shorter-term he expects the growth to be reasonably slow.

Jim Huang

Owned

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$2.800

Stock price when the opinion was issued

oil gas

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Haven’t looked at this for quite a long time, but they have been chasing the Duvernay wells. Duvernay is not very well understood yet, even for the majors, and is very expensive.

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Management team is quite conservative. Has held it in the past. Likes the team. Looking at buying it again.

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Jim Huang Yoho Resources YO-X HOLD Mar 07, 2013

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Yoho Resources(YO-X)

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