Clarus starts Eco (Atlantic) Oil with speculative My google news alert just send me that link: https://www.cnbc.com/id/47230276
There is not really more mentioned than in the title of that posting.
So than I started to do a quick research for "Clarus" and I think it is Clarus Securities Inc. https://www.clarussecurities.com because they are mentioned in the press coverage (or press release) release about the listing on the Namibian stock exchange:
https://www.newswire.ca/en/story/957955/eco-atlantic-lists-on-the-namibian-stock-exchange
"At a celebratory event in Windhoek, which was attended by investment banks GMP Securities L.P., Clarus Securities Inc. and M Partners Inc., as well as Eco Atlantic's partners NAMCOR (Pty) Ltd. (the Namibian state oil company) and Azimuth Ltd.; Minister of Mines and Energy, the Honourable Isak Katali stated: "I would like to take this opportunity to commend Eco Atlantic for being the first Company focused on oil and gas to be listed on the Namibian Stock Exchange. The listing demonstrates your commitment to this Country and the local Economy. I am sure this listing will increase awareness of Eco Atlantic's activities and provide additional means of attracting new investment."
It is quite interesting to "click through" their website. They are writing about themselves on their website:
"We are a research-driven, institutional investment dealer, focused on providing a superior level of service to the small to mid-cap market."
Or check out their rating system in regards of their recommendation for EOG:
| Buy |
Attractively valued and expected to appreciate significantly from the current price over the next 12-18 months. |
| Speculative Buy |
The same criteria as for Buy, but the company may have higher than usual financial and/or operational risk in the analyst's view. |
Or click through their "Recent Transactions", mostly private placements: https://www.clarussecurities.com/RecentTransactions.aspx
I think we will here of them in the future. ;-)
Cheers and have a good day,
Neo