RE:Interview of C.Civelli to the Mining ReportI think sometime next year we're going to go back to $70 per barrel ($70/bbl) and we're probably going to stay there. But that is good enough. It's a shot in the arm of the world economy. At $70/bbl you can produce very profitably.
TMR: What oil companies are you invested in?
CC: In the oil sector, we have positions in PetroAmerica Oil Corp. (PTA:CA) . In the U.S., we have invested in Synergy Resources Corp. (SYRG) , which has weathered the downturn very well, meaning it is still trading at where it was four months ago, which is unusual.