This team is very good. There is quite a bit of risk if they do not have the success they are talking about. That they are successful, they will have to build facilities, defrac, etc. Be cautious.

Has been languishing. Found a lot of gas, but it was under P3 (Possible). A big potential resource there, but the market wants it taken into the P1 (Proven) and P2 (Probable) areas. Waiting on news of wells they are drilling.

They are waiting for Husky, the operator, to make some announcements. Land issues in the area. Also working on some UK deals to get them farmed out. A fabulous story for business risk oriented accounts. Use a 3/5-year investment time horizon.

A uranium and coal story. Well funded company. Starting to drill for the coal right now. Fabulous track record.

(A Top Pick Sept 26/05. Down 6%.) It did get over his target of $3 but slipped back. Dropped because of a financing. Still likes.

(A Top Pick Sept 26/05. No change.) Massive land spread in Egypt. Been spending a lot of time on facilities which are coming on now. The big thing is the exploration in front of them. Have 3 rigs working. Exploration will get oilier.

(A Top Pick Sept 26/05. Down 17%.) Over the end of this year, feels the stock could be over multiples of what it is today.