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

To: Goose94 who wrote (73005)	12/17/2019 5:53:41 PM
From: Goose94	Read Replies (1) \| Respond to of 202925

Parex Resources (PXT-T) spiked for two month high

To: Goose94 who wrote (73005)	1/21/2020 4:58:50 PM
From: Goose94	Read Replies (1) \| Respond to of 202925

Parex Resources (PXT-T) top pick from Jason Del Vicario on BNN.ca Market Call Monday Jan 20th @ 1200ET I’ve never highlighted an oil and gas company because frankly, the economics of most businesses in this sector are awful. Parex appears to be an exception. The company exclusively operates in Colombia, which along with oil price movement is a risk investors need to be mindful of. However, Parex is still very profitable, has no debt and uses free cash flow to fund more exploration and buy back shares. We are agnostic to the direction of oil prices, but if crude does move higher, we believe Parex is very well positioned to benefit.