Street Smart Investor
Long-term horizon, energy, natural resources, micro-cap

Lundin Petroleum: Stage Set For 50% + Upside

(Editor's Note: Investors should note that trading of LNDNF is very illiquid. Improved liquidity is available on the Stockholm Exchange under LUPE.ST)

Investment Summary

Lundin Petroleum AB (OTCPK:LNDNF), an oil and gas company with exploration and production assets focused upon two core areas, Norway and South East Asia, is a "Strong Buy" at current levels with a 2-year time horizon. This initiation on the company will discuss some of the interesting developments in the company, their impact on growth and the company's prized asset, which is potentially a long-term money spinner. I believe that the 10% rally in the stock price on Friday (February 7, 2014) is just the beginning of a sustained upside and the initiating coverage...

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