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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (209605)	1/19/2012 10:38:31 AM
From: Anchan	Read Replies (1) \| Respond to of 313057

...and them PVG warrants are running and running and running. Pity I sold two thirds of my holdings 2 days ago, in an attack of cautiousness; now I feel strong pressure to buy back in and chase. PVG will announce their PEA update for the Brucejack project by end of Q1, maybe April. The warrants should do fine until their expiry in April. What I do not understand: PVG and CKG are similarly large projects, with similar capex etc. Why is CKG dead and down these weeks?

To: Veteran98 who wrote (209605)	2/7/2012 10:30:07 AM
From: Veteran98	1 Recommendation Read Replies (2) \| Respond to of 313057

GTE my attempt at latching on to the seasonal strength in oil stocks etc has been doing really well ...Canaccord has a $9.25 target... Gran Tierra Energy Inc. \| Frederick Kozak, PEng, 1.403.508.3836 GTE : TSX : C$5.85 \| C$1,624.1M \| Buy , Target C$9.25 • Year-end reserve report; maintain BUY rating and C$9.25 target price Investment recommendation We are maintaining our BUY rating and 12-month C$9.25 target price. Gran Tierra has diversified from a one-block focus in Colombia to a diversified asset base with opportunities across Colombia, Argentina, Peru, and Brazil. Investment highlights • The year-end 2011 reserve report saw positive results. Gran Tierra saw strong reserve growth in 2011 with 21.1 million boe of Proven plus Probable reserves added through drilling and acquisition. • Reserve growth in Colombia came from better than expected reservoir performance at Costayaco, and positive delineation drilling at Moqueta. • The company continues an active 2012 drilling program in Colombia where the upside size of the Moqueta field remains to be determined. Valuation Our target is based on the company’s Proven plus Probable (2P) reserves value of C$4.99/share plus C$4.32/share for the risked exploration upside potential we assign to the company’s exploration prospects. Risks Gran Tierra has reservoir risk associated with producing reservoirs, and exploration risk associated with drilling in Colombia, Peru, and Brazil. Energy Sector Seasonal Chart