Investment Q&A

Q: How do you perceive the announcement today that 4 execs had left the company? Is it positive/negative?

Q: Peter,
Can you please provide your take on Renegade Petroleum's recently announced transformation and whether this makes an attractive investment today?

Q: Hi Peter;
I wonder if you would be able to explain to me the royalty structure of FRU and how it works. Does FRU actually own the underlying land or do they lease it from others? What are your thoughts on this type of entity?
Many thanks.

Q: COS reported its quarterly results on October 29. The market reacted positively, as the share price went up 5% as of today. Do you see anything meaningful in terms of making the company either
more or less attractive ? Any obvious comparison to be derived from SU's results which were just reported ?

Q: I own CPg and enjoy the dividend but where does the continuing issuance of stock to buy more assets end?
How many times can they go to the well and maintain the dividend with no real stock appreciation? Soon they will be selling stock at $35. , then $30.00, and so on - down , down down? Thanks.

Rod

Q: Now that , hopefully, all the bad news is out on TLM would you be a holder or dump it and run to maybe a LEG?
THanks.

Rod

Q: Hi Peter: I'd like your opinion about Yangarra Resources (YGR). From their 2012 2nd quarter reports, their net income has gone from a 1st quarter loss of almost a million$ to a 2nd Quarter gain of over 6 million$ (before tax), but their shares keep slip-slidin' away. Thanks for any input.
Dale

Q: Mart Resources has stated that the pipeline deal is done and just waiting for signatures. The umu 10 well is being tested and results could be in the next 4-6 weeks I would guess. Would you think these events will have a substantial impact on the share price or not since it is a year before we will be able to get the increased flow rates? Is the good news already baked in ? Can you explain how the lost oil is really being stolen. Partners, Nigerian government? Thanks very much.

Q: Peter, would you please give me your updated thoughts on Parrallel. The price of 4.12 is rediculous for the yield it is paying. Is the payout ratio really out of line? Looks to me like if they cut the div. by 25% it is still a great buy.Where would the .08 cent div. have to go to to be sustainable? Thanks Ken

Q: Your comment on Raging River Exploration (RRX) THANKS

Q: So it's official now. PBG will distribute its shares in PBN. Now that PBG is trading up 10% would you hold out for more or sell?

Q: Peter; Could you comment on Baytex at these levels? Seems ok for yield and management but is the payout % in line? Thanks.

Rod

Q: You mentioned Tourmaline (TOU) in an answer comparing TRP/Husky.
Why is TOU a buy?

Q: Would like your opinion on WCP - whitecap res. Thanks

Q: Hi Peter: I would like your thoughts on petrobank. (PTB) It has certainly tanked over the last year. Is this a hold or sell?

Q: Peter>

Can you kindly provide your accessment of Mart Resources(MMT-V) .
They appear to have several catalysts moving forward as well as paying a dividend currently yielding close to 11%

Q: Hello Peter,

What are your thoughts on Laredo Petroleum Holdings, LPI.

Q: Looking at ERF for grandson's RESP. It has >6% yield and a PEG < 1. What do you think for a long term hold?

Q: What makes a stock have value?
I've only been investing for about 4 years.
Is a stock valuable because that's the price we believe someone would buy the entire company for? How does one get value unless they can sell to someone else, or receive a dividend?
If the ability to sell or purchase is blocked, is the company worth anything? (ie Petronas/Progress)
Does the blocking of Petronas/Progress put a positive pressure on dividend paying companies?

The refusal of Petronas/Progress seems huge to me.

Q: Hi Peter and 5i: AvenEx (AVF) had a miserable Q2 with AECO gas well under $2. Presumably Q3 will be shown to have been better, with the AECO gas price having averaged at least 10% or so above the $2.00 line. One might expect early Q4 guidance to be more positive, with AECO gas averaging over $3.00 so far in October, WTI hanging in above $90, and the Elbow River facility apparently participating profitably in the rise of train-shipped oil. The stock has had a nice move up from the $3 level within the last week but right in the middle of that they announced they are conducting a strategic review of their oil and gas assets. What would you do at this point if you held the stock? Would you view the asset review as a positive development or might you be concerned that it has been occasioned by negative circumstances that have yet to be announced? Thanks for any thoughts!