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Old 03-17-2015, 04:34 AM   Nav to Top  #1
Saintjames
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Eye 3 Canadian OIL Plays - Low to Med Risk

Right so USD vs CAD is pretty strong so this represents a good opportunity for even those outside Canada, like our friends to the south.

REMEMBER: These are NOT low risk. The risk is higher than normal but seriously not that bad for CPG. OIL always recovers as demonstrated by the 6-7 oil bear cycles of the past 50 years. This time expect possibly 2 years for recovery as reserves are quite high, possibly even going forward.

TSE: CPG.TO - Least risky of all 3. I would say this one is pretty damn safe. THey have oil and gas hedged NICELY going forward over 3 years. Always pays a dividend since 2008 (so far). CEO is a rock star. LOW risk.

TSE: COS.TO - Higher risk but more upside! Also pays a dividend when times are good, but reduced recently. Oil needs to be $50/bbl for them to make $. MED to HIGH Risk!

TSE: LRE.TO - Exploration company. VERY high risk but amazing upside. Don't bet more than $1000. This could go to $0. VERY HGIH RISK.

Take it for what it's worth. A bit of a gamble! Would love to hear more OIL plays So share them if you have 'em.

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Old 04-24-2015, 05:10 PM   Nav to Top  #2
Jacoby
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Great picks! I am 27% up since this call was made middle of March. Goooo Canadian oil
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Old 08-10-2015, 11:36 AM   Nav to Top  #3
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Originally Posted by Jacoby View Post
Great picks! I am 27% up since this call was made middle of March. Goooo Canadian oil
Yoo hoo great going
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