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Source
Petroleum (OTCBB: SOPO) a
Calgary based O&G company focused on high impact/low risk projects
domestically and internationally with a mandate of acquiring high
working interests in projects that offer near term production with
long life reserves. Source is dedicated to building a portfolio of
assets that are well balanced {oil/gas}, as well as providing
immediate near term projects and longer-term international
opportunities of high merit.
Source Petroleum is committed to:
- Creating and increasing shareholder value
by acquiring oil and gas reserves and exploration assets with a
global reach.
- Result orientation - continually measuring
performance against our stated targets.
- Creating value by reserve additions and
production growth.
- Building trusting long-term relationships
as paramount to achieving results.
Source Petroleum is:
Ambitious
Source Petroleum has the energy and commitment to build a new
Global E&P Company.
Results Orientated
A disciplined business control culture, wealth of experience and
diverse skill sets will drive company performance. Increasing
value will be realized through Reserve and production growth.
Relationship Driven
Commitment to partnerships with NOC's and Government
Authorities, Service Providers, Stakeholders and Industry-wide
networks.
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Note:
To meet the suggested target prices, the Profiled Companies
would have to trade at least at the associated sector or
industry multiples and the Profiled Companies would have to
achieve earnings and revenue estimates provided by
management for the report. A divergence either up or down
from the projections could materially affect the target
prices. |
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Companies
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Thinking Small
No one will argue that there are huge returns to be made
investing in Small and Micro Cap stocks, what some will
contend is that the rewards do not equal the risk. As if
investing in large cap stocks that begin with "E" and end in
"ron" are safer. Depending on your goals and if your like
me, your goal is to make money. A well balanced portfolio
should have a portion allocated to speculative high return
stocks.
Discovering small-cap stocks before the street does can
be a challenge. We like to look for stocks in a hot sector
that have the potential to be market leaders in their
sectors. You'll find no shortage of newsletter gurus willing
to show you the light and send you on that dream vacation,
you know the one with the white sand beaches and the little
umbrellas. Be wary of the many sites on the internet today
that promise you returns of 500% or more, 499% or less is
okay. I mean do you know what the taxes would be on a 500%
short term capital gain??
To separate yourself from the sites out there that are
strictly hype, look for balance and depth in the report. I
received a report the other day from someone calling himself
Gilly Gizzard or something, he sent me a ticker and a strong
buy recommendation. I think the company made antler warmers
for reindeer and was thinking about expanding into reindeer
accessories, kind of like the GAP of the North Pole. The
deal was, if I dropped my pastrami sandwich, cancelled my
afternoon card game, called my broker and bought the stock
this instant, I would be well positioned for the 2000% gain
that was coming that afternoon as soon as General Motors
found out that reindeer droppings can be converted into some
kind of neo-thermal fuel that makes cars fly. Don't waste
your time looking up neo-thermal fuel in the dictionary,
it's not in there. But it sounded technical enough to me
that if it's not already discovered, maybe we should be
looking for it.
With small-cap stocks you will want to concentrate on a
few key points that make a company go.
A) Management: Until a company has its
ramp-up quarters (translation: losses) behind them and you
have a clear view of earnings potential, management is
crucial. Look for an experienced management team with past
successes.
Avoid management teams that have directors with names
like Sleepy, Dopey and Grouchy.
Read more....
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