Devon Shire
Long only, newsletter provider, oil & gas, small-cap

TriOil Resources - A 50% Dollar With A Near-Term Catalyst

(click to enlarge)

The chart above represents the TSX/S&P Venture Exchange index. This index is made up of mostly small cap resource stocks and has clearly been a miserable place to invest money over the past couple of years.

While almost every stock market in the world is up significantly over the past two years, this index of stocks has lost more than half its value.

Among the companies on the TSX/S&P Venture are energy producers. With light oil at $100 (yes even in Canada) I believe the prices of light oil weighted small caps in Canada presents a tremendous opportunity.

One such opportunity (in my opinion) is TriOil Resources (OTC:TRIAF) which is both significantly undervalued and has...

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