BUY
Exit strategy with trust is not over. Stock has gone down, because company didn't grow, through 2006, now is starting to grow. Likes it.
DON'T BUY
Getting production on, is very difficult. There is a lot of nationalization going on. Stay away unless there is a regime change.
DON'T BUY
Market is getting close to the point where there is going to be a correction sometime between now and the fall. He'd rather be in the cheap, beaten up, natural gas stories that haven't moved then here.
BUY
Likes it a lot. Thinks it could be $40 in Q4 2007/2008. A lot of upside. It's a laggard, but thinks it will now catch up.
DON'T BUY
Market cap of the company is 1.4 billion for no production. Waiting for the big numbers for the gas side. The cost per wells is very expensive. Risk for this company is very high.
BUY
They are well enough financed to complete their ambitious program. They've taken a lot of the difficulties out of the way. His company bought at $1.75, it's now at $1.06, Likes the way the company is moving forward, thinks that they have a good future.
PAST TOP PICK
It took them to long to get their equipment, but they are still in play and the "story is still intact". The growth wasn't as fast the the market expected it to, which is why it is down now. He says to stay with it.
PAST TOP PICK
Then 4.89, it's gone way up to around $11. They've taken no profits on it, because they think it's going a lot higher. Stay with it.
PAST TOP PICK
If you own Real Resources, you should move into Tristar. Excellent management. Tristar has taken over Real Resource.
BUY
Activity levels are very low, so there are no earnings. It's a self healing process in that oil will start costing more. He doesn't own it but he owns one very similar, and has no problems with this one.
BUY ON WEAKNESS
Did own it, and recently took some profits. Wait for it to drop below 21 and then buy it again. Tremendous company, the best deep gas in Western Canada.
HOLD
Management is very well respected, and have done a very good job. Stay with it.
BUY
They have a target at $4.20, but if they are successful in their drilling this stock will go a lot higher.
RISKY
Stock has had some major announcements. The company has delivered on the resource, but it's still a low grade, and we want a high grade mineral find.
BUY
The company is in two areas, Albania (heavy oil) and US. (tight gas). The US is in development which will take some time. Stock is cheap.