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GPOR
Posted: Sun Feb 06, 2011 1:00 pm
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.
Re: GPOR
Posted: Sun Feb 06, 2011 2:29 pm
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.