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Bullboard - Stock Discussion Forum Angle Energy Inc ANGZF

GREY:ANGZF - Post Discussion

Angle Energy Inc > CIBC World Markets
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Post by retiredcf on Dec 16, 2011 9:55am

CIBC World Markets

In case anyone is lurking on this very quiet BB, CIBC issued their report on Angle yesterday entitled: Q4/11 Operational Update;Impressive Results From Harmattan Cardium.  As you can gather from the title, they liked what they saw. The stock is rated as a Sector Outperformer and they bumped their target price from $10.25 to $11.00. GLTA
Comment by ElJ on Dec 16, 2011 9:10pm
Yes, I agree that there is reasonable potential in Angle.  From the Angle  Q3, 2011 report: "Angle posted a 62 percent increase in revenue compared to the third quarter of 2010 due to the 40 percent increase in volumes along with a change in the product mix resulting in a higher proportion of NGL and crude oil volumes compared to natural gas, as well as the strengthening ...more  
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