GPOR

Post Reply
SEIFER

GPOR

Post by SEIFER »

http://seekingalpha.com/article/251050- ... -oil-sands

I should add that the stock "candaian oil sands" also looks interesting given it has not really participated in the upwards climb of ther oil stocks.
dan_s
Posts: 37291
Joined: Fri Apr 23, 2010 8:22 am

Re: GPOR

Post by dan_s »

At GPOR's current share price, investors are getting the HUGE upside they have in the Grizzly Oil Sands company for nothing. Keep in mind that their first oil sands production comes on-line in 2012. My recommendation is that you accumulate a full position in GPOR this year.

GPOR is still below my Fair Value estimate. Once I see their 4th quarter results and their year-end reserve report, I'm likely to raise the Fair Value estimate.

GPOR is up 16% YTD and 120% since it was added to the Sweet 16 on 1-1-2010. It has a lot more upside for us.

BTW I have all but begged them to come down to Houston to host a luncheon for us. The last time I talked to their IR Manager he said there is a chance they will do it in April or May. They need to get out of OKC and tell their story.
Dan Steffens
Energy Prospectus Group
Post Reply