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

High North Resources: Big Leverage To The Duvernay And Montney

I've learned more than a few lessons in recent years about investing in young energy companies that would like you to believe that they have wonderful acreage positions in tight or shale oil plays.

Not all of the lessons have been of the painful variety because these little undiscovered companies can be big winners. As a non-institutional investor, I can get into these small companies at extremely attractive prices and let some great entrepreneurial businessmen do all of the hard work for me.

On the other hand, I certainly have also had some tough lessons. The most significant of which is that if I'm going to invest in a small energy company, I really should stick with proven management teams....

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details