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SELL
Take over price was $0.35. Crescent point already owns a good chunk of it. He would take the money on the takeover bid.
oil / gas
COMMENT
Oil exploration/production in south east Saskatchewan. Crescent Point (CPG-T) owns about 20% and is a strategic partner as they pursue the Bakken oil play. Still early days. Still needs to see another year of drilling. 2011 is a critical period for it.
oil / gas
BUY
Small cap higher risk story. Had potential to extend their Saskatchewan Bakken play east and had some early success there. Will also be coming out with some more information on the Alberta Bakken play, which is a hot play moving into Montana. Good catalysts.
oil / gas
BUY
Bakken is a growing resource and Crescent Point (CPG-T) has been a serial acquirer of juniors in this area and holds a large amount of Reliable shares. Very attractive land packages and will grow production significantly over the next 6-12 months so could be an acquisition target.
oil / gas
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Reliable Energy(REL-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Reliable Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Reliable Energy(REL-X) Frequently Asked Questions

What is Reliable Energy stock symbol?

Reliable Energy is a OTC stock, trading under the symbol REL-X on the (). It is usually referred to as or REL-X

Is Reliable Energy a buy or a sell?

In the last year, there was no coverage of Reliable Energy published on Stockchase.

Is Reliable Energy a good investment or a top pick?

Reliable Energy was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Reliable Energy.

Why is Reliable Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Reliable Energy worth watching?

In the last year, there was no coverage of Reliable Energy published on Stockchase.

What is Reliable Energy stock price?

On , Reliable Energy (REL-X) stock closed at a price of $.