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Hi Eric,
Sorry for not responding sooner. I attended the Fall AGU meeting in San Francisco last week, and wasn't near a terminal (although they did have terminals with internet access at the meeting). I am in Edmonton, at the UofA (dept of Physics). To answer your comments: I lost on TKR since I bought too late in the cycle. I'm now having second thoughts about TKR as a new year prospect, since I have heard that there are some large shareholders who will start selling into any strength that develops. However, this is just someones opinion (and who knows what the market will do). PVO has turned out dissapointing, and I am considering moving on to better prospects. Essex, PGD, AZS, and CTQ have been very nice over the past 12 months, especially CTQ, which still remains my top pick for much higher prices. I think they have the best story out there at the moment, and certainly they have the potential to reach many 10's of dollars over the next year or so. My information is that the local Nesbitt Burns office (Edmonton) has account holders into CTQ at around 250,000 shares. Not bad since they don't officially support CTQ. One caution I should mention regarding CTQ is that I bought at much lower prices than at present, so I am gambling with profits. I might not be so bullish if I was buying in at todays price of $14-15. Still, CTQ is as exciting as AQP was, and Diamond Fields. ESX is another company that might do well in the next few months. It has lots of investor and Newsletter attention, and is fairly liquid as it is on everyones Xmas list. QTR will move into a strong buy position for me if it hits $1, as will AGO. Other picks I have include MFL (which moved up a bit in the last week), and Ultra Petroleum (UP) which is moving in bursts quite sharply (although perhaps it is becoming too hot to buy into, if one hasn't already). PGD is an institutional company now, and should be doing better than it has (although it is up sharply from a week or two ago). Actually, while I was away last week, my entire portfolio moved up about 30% (I should go away more often). As a final point, my opinion again on TKR is that with all the cash they have, a drop to $1.75 will signal a strong buy. However, they really need to look for some more exciting properties. They still seem set on drilling again in Labrador ( a sell signal), and their remaining Bolivian property has troouble with the local aboriginals, who mine openly on the property. Hope my ramblings have been of some interest to you. Regards, Robert. |
