THE
PAINTED PIG
STOCK ALERT
MAY 29, 2008
EVOLUTION
ITS BEEN A VERY QUICK 3 MONTHS SINCE I STARTED THIS ENTERPRISE. AS WELL, ITS BEEN A REAL EDUCATION, AND A CHALLENGE AND IN ADDITION, A LOT OF FUN. HOWEVER, WITH ANY PROJECT, BUSINESS OR AS IN LIFE, CHANGE IS CONSTANT AND ANECESSITY. SO WITH THAT IN MIND, AND WITH AN EYE TO THE FUTURE, I AM MAKING SOME IMPROVEMENTS. I WANT TO MAKE THIS, PROFITABLE, EASY TO READ, HELPFUL, INFORMATIVE, AND FUN NEWSLETTER. I THANK YOU FOR YOUR SUPPORT, COMMENTS, ENCOURAGEMENT, TIPS ETC. KEEP THE FEED BACK COMING PLEASE. ITS APPRECIATED ! HERE'S TO SUCCESS !
CHEERS,
IAN TAYLOR
CNG-V---CANADIAN MINING COMPANY........+.02.....11.5CENTS..................643,000SHARES. I had a great conversation today, with the CEO Mr. RayPaquette. I will be doing a more comprehensive review over theweekend. In the meantime, we have a tremendous opportunity here forshort, medium and long term gains. The company has an income producingproperty in Canada, a project in Arizona, but its their Sonora, Mexicoproperty that has me stoked ! Great stuff !!!
PAN-V-----PANTERRA RESOURCES............-.02...........48 CENTS..............432,250 SHARES.
Rumours abound about news coming in for flow rates on existing wells.If the speculation is correct the predictions for share prices are quite exotic, and stratospheric.
PCQ-V-------PETROLYMPIC...........+.08 ..............$1.05 .....................4,921,650 SHARES.
Awaiting news of a PP closure and of seismic survey results. Rumourspersist of a "JV" with another player. If this is factual, saddle thestove mother were ridin' the range tonight !
PEA-V-------PETROLIA INC................+.31 ..........$1.88...............1,305,431 SHARES.
Another Quebec shale player with good land positions. It appears ready to bust its banks at any time
and should be considered for a momentum trade when it does.
TRS-V-------------TRES OR RESOURCES....even on the day........18 close on 66,000....
very exciting play on diamonds, platinum and palladium...........news pending on several fronts
stay tuned this ones a kicker ! This girl is a mans best friend !!!
THE PIGLETS........................(or little porkers that I need to fatten up)
CEC-V.........a previous recomendation...............waiting for a go ahead on a coal project.
NOG-V.............another exciting Saskatchewan based play................ready to explode.
APH-V...........a pharma play...............decent depth......................might be a nice trade.
PEP-V..............very exciting potential for a company with enhanced oil recovery technology
look for a more comprehensive update soon........
Human population studies show that eating garlicregularly reduces the risk of esophageal, stomach, and colon cancer.This is partly due to garlic's ability to reduce the formation ofcarcinogenic compounds. Animal and test tube studies also show thatgarlic, and its sulfur compounds, inhibit the growth of different typesof cancer-especially breast and skin tumors.
A Blonde & a Pig
Q: A blonde is walking down the street with a pig under her arm. She passes a person who asks "Where did you get that?"
A: The pig says, "I won her in a raffle!"
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Junex gets first coverage as Wellington West weighs in on Utica shale play
WellingtonWest analyst Kim Page initiated coverage on three junior explorers withexposure to the Utica Shale natural gas play this week, giving GastemInc., Questerre Energy Corp. and Junex Inc. the thumbs up to reflectthe massive resource potential waiting to be unlocked in the St.Lawrence Lowlands of Quebec.
In the case of Junex, Mr. Page becomes the first Canadian analyst to pick up coverage on the company.
"Webelieve the Utica, if proven commercially viable, has the potential tobe one of the largest resource plays in Canada," the analyst said in astrategy report to clients.
He said investors should beencouraged by other noteable shale trends in Western Canada, includingthe Bakken in Saskatchewan and the Doig/Halfway/Montney in NortheastB.C., which have proven highly economic thanks to the evolution ofdrilling and completion technology.
In total, Mr. Page saidthe most prospective area of the Utica shale play encompasses over 500square kilometres, with recent estimates suggesting the potential forapproximately 25 trillion cubic feet of recoverable resource.
With 1.2 million net acres, Junexis by far thelargest landholder in the St. Lawrence Lowlands, the analyst toldclients, noting the company has three key properties in the heart ofthe play and boastsseveral joint-venture arrangements including one very importantpartnership with Denver-based Forest Oil Corp.
"Junexhas a 15% working interest in 143 million acres at Becanceour and a 40%working interest in 55 million acres at Contreceour, both to beoperated by Forest Oil," he wrote, and based on his "even tempered"estimates, he believes the company could be sitting on up to 1.25trillion cubic feet of natural gas valued at more than $19 per share.
Fornow, he rates Junex as a "speculative buy" with a $9.50 price target.His valuation does not include the company's approximately 5 millionacres in the GaspePeninsula.
As for Questerreand Gastem, Mr. Page tagged both with "speculative buy" ratings andprice targets of $8.75 and $4.25, respectively. The analyst saidQuesterre is well positioned in both core blocks in the heart of theplay with both majors, Forest Oil and Talisman Energy Inc. Meanwhile, Gastem's diversified portfolio base of assets in Quebec and Upper New York State "provide more avenues for success in the Utica play.
David Pett