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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Pescod Late Edition
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Post by retiredcf on Sep 07, 2012 7:57am

Pescod Late Edition

From last night's edition. GLTA

Bottom line: Domestic and foreign investors have

dumped Canadian small cap energy stocks this year.

However Roberge believes stock prices have undershot

strengthening energy fundamentals. There is no need to

rush, but he recommends that further price weakness

from here be used to accumulate positions. Canaccord

Genuity’s top small cap energy picks are Bellatrix (BXE),

Novus (NVS), Pinecrest (PRY), Southern Pacific Resource

(STP), Twin Butte (TBE), TriOil (TOL), and Western Energy

Services (WRG).”

Comment by shambano1 on Sep 07, 2012 9:58am
just put TOL away until 2013 and we will see 4-5 range for sure IMHO but for now they are doing what they know best drilling many more oil wells and increasing their oil and liquids production and increasing CF as well.   they are a junior but they ahve a strong balance sheet which gives them lots of flexibility but at some point a bigger fish will swallow them exactly because they are cheap ...more  
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