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  • 'Fracing' Technique Creates Great Opportunity in Exploration of Oil and Gas  [View article]
    Re: Tom's comments: The two "pink sheet" companies are TSX-listed entities. They trade as pink sheets in the US because they aren't prepared to undertake the cost/trouble of setting up as fully inter-listed stocks. Calfrac is rated "outperform 2" by Raymond James, with a C$14.00 target price. It is operating in Canada, the US/Latin America and Russia. Trican is also rated "outperform 2" by RJ, with a recently increased target price of C$11.50. They operate in Canada, the US & Russia.

    This is not a recommendation of either stock - merely an indication that certain of the stocks which are traded as "pink sheets" down in the US may bear looking as they are fully listed on the TSX (a classic example is Canadian Oilsands Trust, which owns about 37% of the Syncrude project (about 125,000 bbl / day production to COS.UN) and has about 40 years of reserves).
    May 20 12:01 pm |Rating: 0 0 |Link to Comment
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