Just checking all the stocks mentioned here. No interest by me in Renegade because it sells quite a bit over 2pnav. Okay maybe for you guys who did deeper into company prospects; for me, no. LEI looks more attractive to me on nav basis.
Decided to take a small starter position in REL.V today to keep an eye on it. With their 60 million market cap and projections for increasing from 300 bopd currently to 900 bopd by year end, it looks pretty good for some intermediate term appreciation. No immediate catalysts though as far as I can see. That's the last I'll mention it on this board.
i talk often to another oil company that tells me renegade and trioil are a little pricey,but they will soon grow into their share price.crescent point increased its position in painted pony also.i am hoping for another big move like the petrobakken move.the name dallas duce in the names of the board in renegade is an oilman who stayed when he got bought out.
skeptic, Have been paying 15%on payouts from Canadian trusts for years.Dont mind, it's the cost of doing biz up there, and has been good .If they allow us yanks to play in their back yard ,why not pay back a little.?luck Tro
All nice. I would rank them REL.V = TOL.V > RPL.V. Love the JV / minority owner arrangement between REL and Crescent Point. I think all three cos could use more capital, though, so the share prices might tread water for awhile as more shares get issued.
When SSN hits $1.60 or so (should be next couple of weeks) I might move some profits to REL.V.
BTW, I found some useful forums for these Canada stocks on stockhouse.com. Nothing on Yahoo or Investor village.
The investor presentation looks interesting for sure. Canadian Bakken... mmmm... bacon....
I would have thought 1475 barrels/day would give more than 4.4 million barrels in reserves - new wells? The message boards are empty. Need to read up. Thanks!
What's the taxes/royalty situation in Canada compared to the US?