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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who started this subject12/10/2003 8:22:36 PM
From: schzammm   of 108767
 
Here is one on which some of you boys and girls might want to do a little research . I have included a link to their home page licence holdings and another to their news releases. I really like their oil and gas exploration licences. They have approximately a total of 5,650,109 net acres of petroleum exploration licences in New Brunswick, Quebec and Prince Edward Island. Not too bad for a company with less than 40m shares. I really like to fundamentals, however I plan to sit on this one. The technicals leave a little to be desired. However it is closing in on its 52wk high of C$.94 but on low volume. If Hydro-Quebec and CDH find another partner which I am betting on, the price???????? But this one will probably need a lot of TLC.

Disclosure: I have a very healthy position built between C$.75-.90. Added to my position today.

corridor.ns.ca

ccnmatthews.com;
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