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Strategies & Market Trends : Ride the Tiger with CD

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To: Mario :-) who wrote (26282)	3/3/2005 1:49:37 AM
From: Taikun	Read Replies (2) of 312315

Mario, We may see a little weakness in March, since on 3/27 they are issuing 40m shares, but the shares are already placed and after today, I don't think there'll be many institutions selling. If we do get weakness, add. On Dec 3, 04 Pescod said 'could be a 5-bagger' when it was 0.60. and based on $45 oil. I think given the attention to the oil sands, C$3 is not unreasonable, but I am not sure this dilution was factored in in that Dec call, though. Maybe there's a triple from here and we see what Pod 1 has in est oil in place. Petrolifira's assets are hot also. The placement was oversubscribed 500%! D

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