₪ David Pescod's Late Edition November 22, 2007
GRAN TIERRA ENERGY (US:GTRE) $1.99 -0.10
OILEXCO INC. (T-OIL) $14.02 -0.45
STERLING RESOURCES (V-SLG) $2.60 +0.05
No, nothing has gone wrong with Oilexco over the last while, but nothing out there in any sector seems to be avoiding the sell off and concerns about recession by the asset-backed credit mess. But life does go on and for those who follow the resource sector, Josef Schachter has added a neat little parcel to his monthly report from Maison Placements. They call it, “The High Impact Drilling” watch list and basically he finds what he thinks are some of the more important drilling plays that can significantly affect the asset value of some of the oil and gas juniors out there and compiles it.
Enclosed please find (on pages 2, 3 and 4) that work and you’ll notice that there are a couple of wells coming up for companies like Oilexco, Sterling Resources, Solana Resources (SOR) and Gran Tierra Energy that could add significantly to those companies futures...or not.
It’s probably must-reading and it’s nice to see that there is in amongst all the fear out there, a little bit of greed.
For a copy of Josef Schachter’s Report, e-mail Debbie at debbie_lewis@canaccord.com.
The 3 pages from the Maison Monthly are not postable - sorry ... Merry
Note: if you want a copy of this Late Edition which contains 3 pages from the Maison Monthly report, email debbie lewis ... better yet ... subscribe to Late Edition.
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