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Bullboard - Stock Discussion Forum Angle Energy Inc ANGZF

GREY:ANGZF - Post Discussion

Angle Energy Inc > BNN Recommendation
View:
Post by retiredcf on Sep 20, 2012 8:03am

BNN Recommendation

From Eric Nuttall (Sprott) when he appeared on yesterday's Market Call Tonight. He also mentioned that for the first time in a long while, he had purchased the stock about 3 weeks ago. GLTA

2012-09-19 BUY NGL-T Angle Energy Inc

Liquids rich gas play. Was challenged earlier this year because a lot of their liquids are not oil. Had some good results from their key Cardium play. Still pretty cheap at 4.2-4.3 times cash flow on a 2013 basis. Expects that $4 is fair value.

Price:
$4.110
Subject:
OIL & GAS
Bias:
BULLISH on ENERGY
Owned:
Yes
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