DON'T BUY
A little expensive. Prefers domestic oil/gas plays. Prefers other companies.
BUY
One of the best managed trusts and has performed very well. Has a good slate of assets in the NE corner of B.C. Expects it to continue to grow at a very high rate.
DON'T BUY
Like all the service companies, considers them a lot higher risk. Capital going into the drilling side of the business has been at record levels. Valuations are pretty full.
BUY
A very well run company. Subject of a takeover by Glamis Gold. Feels that merging Wheaton River and Goldcorp makes a lot of sense.
WEAK BUY
Management is not known to be one of the "A" teams in the market place. Benefiting from the rise in the price of gold. Treats this stock as a trading situation, not a hold.
BUY
Has performed very well recently. Well managed. In spite of their low reserve life index, expects they will continue to grow it.
DON'T BUY
Good management and good assets, but not undervalued. Reflects the copper markets at the moment. Prefers others because of the valuation.
BUY
Still has room to run. Not his top favourite, but a close second. Good management.
DON'T BUY
The jury is still out on this one. The assets that were originally in Esprit were somewhat suspect, so when you take them and split them into a trust and an exploration company, it's hard to develop them.
BUY
Well managed company. Have grown their production. Need to see production get around to 10/15 thousand barrels a day before it becomes a candidate as a trust.
TOP PICK
Has a rather unique strategy i.e. looking for large resource plays that it can bring expertise to bear and create value. One of those plays is a coal bed methane in the Wyoming area. Moving into the US in a big way which will enhance their strategy.
TOP PICK
Started off with a lot of oil exposure. Recently has been drilling in the gas side of the business and creating some good value. Likes because it hasn't gone up much and kind of plateaued. Undervalued. Market hasn't rcognized it.
N/A
Bonds and fixed income is difficult and of little interest to us. Nothing came up tonight that was of any value for this site. Sorry.