BNN/JENNIFER STEVENSONJust watch the clip on VST
SHE WAS NOT NEGATIVE ON KURDISTAN OR VST IN PARTICULAR
HER FIRST ANALYSIS, AS MINE HAS BEEN FROM TIME TO TIME, WAS AS A PRUDENT INVESTOR, AND IN HER CASE, A FUND MANAGER
SO SHE TALKS FIRST ABOUT PLAYING KURDISTAN THROUGH NIKKO AND TALISMAN (WZR) .... AGAIN, IF YOU ARE LOOKING FOR SAFETY AND CAPITAL PRESERVATION, THAT'S FINE, IF YOU ARE RUNNING A HIGH-RISK REWARD PRIVATE FUND LIKE I AM, YOU HAVE VST AND WZR AND PRAY THAT THE POLITICAL RISK GOES AWAY
SHE AFFIRMED KURDISTAN IS ONE OF THE BEST, AND FEW PLACES IN THE WORLD THAT YOU CAN HAVE WELLS OF 25,000 barrels a day
SHE IS CONCERNED ABOUT THE LACK OF PAYMENT TO DNO AND ADDAX
SHE IS CONCERNED ABOUT DNO'S SUSPENSION
THAT ALL BEING SAID, THE HOST MENTIONED THE WELLINGTON REPORT (which I am still waiting for:
clace@ameritech.net), and the target of $1.25 and "speculative buy" rating.
That all being said, she backtracked a bit .... she seemed to agree a 5% SPECULATIVE POSITION IN THESE TYPE OF STOCKS IS NOT A TOTALLY BAD IDEA, BUT SPREAD OVER MANY DIFFERENT STOCKS
SHE WOULD NOT BUY VAST IN THE SHORT-TERM, BUT IN THE LONG-TERM (By her defiinition: 1-2 years) she would buy if the political risk profile improves, payments are made, etc.
ulysess "finding the next voisey's bay"
330-559-5865
e-mail:
clace@ameritech.net