You want something that works and reasonable dividend. (4.2%) Power shortage in Northeast US and Ontario. Good stake with Bruce Power in Ontario and plants in New England and New York State. Excellent management and good valuation.

4.3% dividend yield. Valuation has been beaten up. Levered to Alberta with strong margins. Continued demand.

Gives you the ability to walk in when other people are on a mat. You have a good 6 months window to pick up things at a huge discount to historic valuation.

(A Top Pick Jan 8/08. Down 48%.) Very inexpensive relative to other companies. Hard to see a catalyst. Will Fort Hills become the catalyst or continue to be a drag? Had a disappointing run in terms of production. Still likes.

(A Top Pick Jan 8/08. Down 38.6%.) Geographically diverse. Libya and Brazil were probably the big catalyst last year. Still sees this continuing.

(A Top Pick Jan 8/08. Down 81%.) Large geographic position. A play on commodity and if oil goes higher this name will take off. Technological risks as well as a development play so there is no real cash flow. Staying with it another year.

Currently up against the ropes. Recently sold 15% of its interests in Nexen (NXY-T) in the Long Lake project. If it can continue to skate on side and not have the banks foreclose, it is potentially a 4 to 5 bagger from here. Also could be zero. Lottery ticket.