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Bullboard - Stock Discussion Forum Channel Resources Ltd V.CHU

TSXV:CHU - Post Discussion

Channel Resources Ltd > Answered myself
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Post by moneydaze on Sep 13, 2010 1:52pm

Answered myself

Well it looks like I might have just answered my own question.


Established in 1982, PI Financial Corp. is a leading employee owned Canadian Investment Dealer serving over 15,000 clients from our offices in Vancouver, Calgary and Victoria, Canada.

Our business is primarily driven from institutional and corporate clients throughout North America. We are proud to serve over 500 professional money managers with approximately half our revenue coming from outside Canada.

For the past 25 years, PI has been helping investors and growth companies meet their objectives through a commitment of hard work, in-depth knowledge, fairness and integrity.

We offer a full range of services including research, investment banking, advisory, and sales and trading. We specialize in emerging and small to mid-capitalization Canadian equities in the mining, oil and gas, technology, life science, alternative energy and consumer discretionary sectors. We are particularly recognized for our deep expertise in the junior mining sector and identifying unique Western Canadian growth companies.

We were ranked in the top 10 for number of completed equity transactions in 2006 and since 2003 completed over 272 transactions.

Our equity research, investment banking and institutional sales and trading professionals are known for their sector specialization with each member having on an average 12 years of combined sector and investment industry experience.  We believe their combined educational, sector and investment experience are critical to providing you with value add insight and ideas and portfolio performance.

PI is committed to continuously improving our business in order to earn yours.

Comment by ragingcanadian on Sep 13, 2010 5:37pm
Nice DDIm with you on this one. Sold a position to cover costs and am now ridin for free. Relatively low OS and some news yet to come. Alot of shares traded here. Good base. I see some possible retracement down to maybe the low teens but I can definetly see this one double from here on any news in the next couple of monthsIMHO of course 
Comment by BombVark on Sep 14, 2010 12:39am
Seems reasonably priced here around 18 cents with two good holes. brine results were to be released by end of 3rd quarter but we know how juniors are about timelines. Maybe they will release before the 25th as suggested here. I note the presentation done the 10th still has a large section on the brine property so I am guessing they are having some success. I would be tempted to buy more if it did ...more  
Comment by moneydaze on Sep 14, 2010 6:40am
BombVark,I agree to that without the extra holes that were to be drilled this is a fairly decent valuation for this stock. Also without any more information regarding the Brine testing this is where we should be.With that being said, 59 PI seems to think that there is a lot of good news to come as they have been on a buying spree with this stock. If you look back PI was also the finder for ...more  
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