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To: ms.smartest.person who wrote (2943)12/26/2007 8:59:20 PM
From: ms.smartest.person  Respond to of 3198
 
&#8362 David Pescod's Late Edition December 24, 2007 (corrected)

STOCKS FOR UNDER THE CHRISTMAS TREE (Hopefully, not left by Scrooge)

For Junior: Like most older teenage guys, he craves excitement, but instead of leaving a motorcycle for him, we will give some shares of Corridor Resources for the next few weeks with results coming from the Dawson Settlement and more work on their shale, Corridor is going to provide him with the excitement he needs.

For Dad: Dad thinks he is a kind of semi-scientist, but then with an engineering background, he thinks a night curled up with an engineering journal is a perfect night. Some Arise Technologies will probably keep his attention in the New Year. A gift from Sara and Andy.

For Mom: How the heck did Mom ever get into following the mining business. It’s a good question. But I guess when you come from a mining town like she did in Timmins Ontario, somehow rocks are in the blood. Some shares of Andina Minerals and the question is how soon it gets bought out. Merry Christmas from Andrew.

For Sis: Sis was the one that had wanted some Lululemon for her birthday and didn’t get it, so how is she going to get some excitement? Good question, but she takes after her Dad and is probably going to be an engineer one day. Maybe some shares of Sustainable Energy can make up for what she missed. Merry Christmas from Andy.

For Gramp: Gramp is still spry despite his age & one thing he still loves to do (although he can’t do it like he used to do) is travel and he has maps of places of the world he’s been to and some exotic places he’d like to go to. While we don’t know how exotic it might be, how about Albania and some Bankers Petroleum would be a reason to visit the country. And some Points Intl. as a stocking stuffer. Merry Christmas from Peter.

For Grammy: Pity-poor Grammy, the conservative one in a family that loves excitement in the stock market. But for the matriarch of the family, who always loved to have something like cash in the bank, she has learned to appreciate the excitement in the market. So why not get her some Tournigan Gold, which is actually a uranium company that over the next few months, should/could create a little bit of excitement for her. Merry Christmas from Toni.

To receive the Late Edition and be on our daily circulation simply e-mail Debbie at Debbie_lewis@canaccord.com and give your address, phone number and e-mail and we’ll have you on the list tonight.



To: ms.smartest.person who wrote (2943)1/14/2008 10:37:11 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 3198
 
&#8362 David Pescod's Late Edition December 27, 2007

INTL. FRONTIER RES. (V-IFR) $0.90 -0.04

The stock of International Frontier Resources has been heading up of late and why not? They’ve just come from one of the worst years of the company’s history, a year in which two high profile/potentially high impact plays in the North Sea, both came up with zero. And meanwhile, their huge holdings of land in the Northwest Territories didn’t see any exploration drilling last year at all. Zero for two isn’t what you’re looking for.

Now however, Pat Boswell of IFR tells us that the rig spudded on the 21st of December on their Ridgewood play in the North Sea and with a few days off for Christmas, should be close to depth and testing near the 20th of January. This is a sizeable play that could have big implications for International Frontier. But it’s just the start of several plays.

They are also partnered up with PetroCanada on the Maria prospect in the North Sea, but Boswell cautions us that they are currently having a little trouble making sure they have a rig to drill in the first quarter. Even with companies the size of PetroCanada as partners, rigs in the North Sea are still something that is in short supply.

Meanwhile, if there is something that Boswell gets excited about, it’s their Dahadinni play in the NWT that gets drilled shortly. They are waiting for the Feds to give the okay on the winter roads that gets so much activity going in the north country and there has been global warming ... some of these roads just aren’t getting the usage they did years ago.

International Frontier Resources




But Boswell suggests to us it will be the potentially the biggest well to be drilled in Canada this year. He’s looking for targets the size of 1200 feet and not at that great a depth. The implications he suggests, are once again, enormous.

They have a 15% interest along with corporate biggie Husky. Right after they finish that a second well in the NWT (and ironically a relatively shallow one) the Keele River L52 prospect will be drilled as well. He compares it to Norman Wells, the big area of production in the NWT that has now been producing for four and five decades.

Which gets us to a very interesting point. IFR and many companies already have stranded natural gas up in the NWT and when the MacKenzie Valley pipeline gets built, it is going to be quite important. Pat Boswell has a very interesting thought on all this...with Norman Wells left with only 4-6 years of production on their oil production, why not convert it to a natural gas pipeline? It would certainly be much more cost efficient and gets things going a lot quicker. Interesting thought.