Stock Advice - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

bluejays · 01-27-2006, 03:12 PM

As some of you may remember, I posted before about buying CLL, and I made some fair $$$ off that, but thanks to Waterhouse this week, lost a fair chunk due to that damn TD slow stinking site. Anyhow, Connacher seems to be getting fairly pricey for me to buy into again, so I've moved off of that into Ivanhoe Energy Ltd. (IE) which I purchased today at $2.82. Now, I know this week they broke crappy news about a failed project, and I should have bought it at $2.40, but that's in the past, and it looks to have recovered from the crash. Anyhow, I'm no stock genius, but was this a good buy? I'm in it for the quick buck, so I'm hoping this thing hits like $3.30 in the next week...possible???

BleedRed · 01-27-2006, 03:41 PM

Anythings possible, but unless they break some big news or have some excellent volume I dont see it getting up to your goal 3.30 in a week.

Mar 30 - 05 was the last time it hit 3.30 however that was just a quick glance at the historical prices, you'll have to look yourself.

DuffMan · 01-28-2006, 09:45 AM

Buy Low, Sell High

FireInTheHole · 01-29-2006, 12:13 AM

From what I know about IE, it doesn't have much behind it but hype and good promotion. Not something I'd feel comfortable owning, but you did say you were in for a quick buck. Knowing how stocks like IE can perform, I'd say it's a bit like rolling the dice. Vegas may give you better odds. Or betting on the Super Bowl...

Here's a stock you may want to look into - I think they are going to have a big year. Big deal with GM, and possibly others - they should double their customer base this year... QIS on the TSXV. Local Calgary company.

300spartans · 01-29-2006, 02:39 AM

Lots of competition in oil sands technology.

Sure IE has had success but there is also OPTI which is partnered with NEXEN as well as PBG which has started testing its THAI technology.

As for CLL, there is still news due on it. EUB approval, drill results which may increase POD 1 reserves as well as determine the reserves on the other PODS. Don't forget that CLL also owns 35% of PDP which is having huge success in South America.

I think the opportunity for making a quick buck in the oilsands has past but any of the companies should be solid long term investments. The only company I see which can pop hard is PBG if their THAI testing is positive.

300S

Indi · 01-29-2006, 08:47 AM

check out a small play called 'KBC'....they are a small O&G company currently running a large seismic program out on the rock. Stock has more than doubled recently....from .22 to .50....still lots of time to get on it!!

Keep this thread up, might benefit alot of people
jc

simmer2 · 01-30-2006, 11:15 AM

Check out UTS and CWPC. UTS is the major partner with Petro-Canada in the Fort Hills Oil Sands project which will be producing 100,000bbl/D. They have a 30% working interest there. They also have a 50% interest in Lease 13 which they will be getting drill results back Q1 2006, and have 100% interest in Lease 14, with Teck Cominico having an option to get in 50%. Those drilling results will also be in Q1 2006. Basically, if those results turn out to be good, the stock will go up substantially. The price right now is $5.80.

CWPC is CanWest Petroleum Inc, a company based out of Vancouver which owns a few companies. The most notable one is Oilsands Quest which is now the first company to venture into Saskatchewan in search of oil sands. The guy who owns this company started Synenco, (SYN), which I was going to buy at $16.40 in December and has now gone up to $24.30. When he started Synenco, people thought he was crazy, and now he's looking into Saskatchewan. Something to consider.

As long as oil prices continue to go up, any stock related with the Oil Sands is a good buy.

bluejays · 01-30-2006, 11:41 AM

Quote:

Originally Posted by simmer2

Check out UTS and CWPC. UTS is the major partner with Petro-Canada in the Fort Hills Oil Sands project which will be producing 100,000bbl/D. They have a 30% working interest there. They also have a 50% interest in Lease 13 which they will be getting drill results back Q1 2006, and have 100% interest in Lease 14, with Teck Cominico having an option to get in 50%. Those drilling results will also be in Q1 2006. Basically, if those results turn out to be good, the stock will go up substantially. The price right now is $5.80.

CWPC is CanWest Petroleum Inc, a company based out of Vancouver which owns a few companies. The most notable one is Oilsands Quest which is now the first company to venture into Saskatchewan in search of oil sands. The guy who owns this company started Synenco, (SYN), which I was going to buy at $16.40 in December and has now gone up to $24.30. When he started Synenco, people thought he was crazy, and now he's looking into Saskatchewan. Something to consider.

As long as oil prices continue to go up, any stock related with the Oil Sands is a good buy.

Yeah, I was looking into UTS in August, and it interested me for awhile, but the increase in the stock price hasn't gone up that much compared to CLL and others. I just sold Ivan today for $2.99, so I made some beer money. I think I'm gonna jump on the CLL wagon again. It really looks like it may take off soon. I first invested in the damn thing at $2.17, and each time I got off, it went up, and I missed out on some good ones. Honestly, I don't even understand the Oil biz, but the way it's been off and running is intriguing enough to get in and stay in.

2 other stocks that have interested me for awhile has been EZM (Eurozinc Mining) which I had the opportunity to buy it at 1.14, and today it's hovering around $1.60) and the second is STE.A (Stelco) which I had in mind at buying at $0.08 and now it's almost $0.20. Stelco's a huge risk though, but something's looking a little bright over there...just the prospect of quadrupling my money in a few months seems too good to pass up.

bluejays · 01-30-2006, 11:41 AM

sorry about the double post

simmer2 · 01-30-2006, 11:52 AM

Quote:

Yeah, I was looking into UTS in August, and it interested me for awhile, but the increase in the stock price hasn't gone up that much compared to CLL and others. I just sold Ivan today for $2.99, so I made some beer money. I think I'm gonna jump on the CLL wagon again. It really looks like it may take off soon. I first invested in the damn thing at $2.17, and each time I got off, it went up, and I missed out on some good ones. Honestly, I don't even understand the Oil biz, but the way it's been off and running is intriguing enough to get in and stay in.

That's the whole reason why I bought UTS. I am buying it when it isn't increasing drastically. It is going to be tougher to make a better ROI with CLL because the thing has been constantly increasing. UTS has been stagnant for a bit, with a huge chance for increase by Q1 2006. CLL is further along and is bringing in more money because they have production already. UTS is very much still in the beginning stages. I see UTS as being a better long-term investment than CLL, but that's just my two cents. I'm not exactly a stock expert.