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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (21739)	10/5/2016 6:58:40 PM
From: Goose94	Read Replies (1) \| Respond to of 202423

SPE-T new 52 week high, $3.57

To: Goose94 who wrote (21739)

2/10/2017 8:15:39 PM

From: Goose94

Read Replies (1) | Respond to of 202423

Spartan Energy (SPE-V) top pick from Craig Porter on BNN.ca Market Call Friday Feb 10th @ 1300ET

Spartan is a low-cost Saskatchewan oil producer, who plans to grow production by low double-digit numbers using existing cash flow. Even in a low US$50 oil price environment, for some of their plays they can still drill wells with 100 per cent IRRs. Due to their balance sheet and strong market support, they were able to buy a great light oil acquisition from ARC Resources ($700 million) at the end of last year. The properties had very low (12 per cent) declines, which helped the company’s overall metrics. Spartan has been oversold recently.