Very expensive on current numbers, production and prospects however, they have massive elephant prospects. Balance sheet is fine and they have a good track record at finding elephants. A Buy and Hold.

Met earnings but missed reasonably significantly on revenue. Have a number of segments that are not operating on all cylinders. Relative under performer versus the market. If you own, consider taking the loss before year-end and will be able to buy it back at the same price a few months from now.

Drills wells of about 500 barrels a day of light, sweet oil in Alberta and believe there is a 40% recovery factor. New financing will allow them to increase their drilling program. Expensive on current production but prospects are very good.

Stock has pulled back due to disappointing production guidance in Q4. Some investors are buying because of the reduced price.

Best brand name globally. Have $50 in cash per share. Will deliver 20%-25% earnings growth next year. Expects it will go to $350-$400.

High-risk security. Has methodology to extract high purity protein from canola oil. Believes several catalysts over the next several months will move shares higher. Potential to hit $3.50 by year-end.

His fund has about 45% cash. Expects we will be in range-bound markets for the foreseeable future.