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Oil stocks poised to stay high as costs rise: analyst


Stockhouse Editorial
0 Comments| September 16, 2013

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Top Bullboards post:

“This is quite interesting, Ginguro Exploration had a very similar share placement offering deal close to the same day as SGR’s. The logistics are the same, with warrants and everything. I wonder if this was Sprott’s deal as well,’’writes timewelltell in the San Gold Corp. (TSX: T.SGR, Stock Forum) post. Ginguro Exploration Inc. (TSX: V.GEG, Stock Forum) rose 1.7% to 30 cents Monday.

Top Bullboard:

Zenyatta Ventures Inc. (TSX: V.ZEN, Stock Forum) was the most popular bullboard.

Top blog:

Blogger Stockwrestler highlights a Business News Network (BNN) interview with a guest analyst who said last week that oil will remain high for some time, mainly due to rising production costs; this being so, we could see oil stocks moving up as well.


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