Canadian Oil Sands - Looking good

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dan_s
Posts: 37270
Joined: Fri Apr 23, 2010 8:22 am

Canadian Oil Sands - Looking good

Post by dan_s »

I thought it would be the 3rd quarter before the Canadian Oil Sands got favorable press again. Thanks to riots in North Africa, this is happening much sooner.

http://seekingalpha.com/article/254238- ... urce=yahoo

Sweet 16 members Gulfport (GPOR), Petrobank (PBEGF) and Petrominerales (PMGLF) have significant exposure to heavy oil projects. Petrobank has the most upside from here. Premium Members can read our profiles and forecasts for each company on the website. Note that my forecasts and Fair Value estimates assume much lower oil prices than what we are seeing today.

GPOR CEO JIm Palm (a great guy) was on CNBC today and the share price took off.
Dan Steffens
Energy Prospectus Group
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