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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Peter,
What are your thoughts on Renegade Petroleum? Also, should one buy into Canadian Phoenix Resources or straight into Renegade as I do not really understand the deal between the two. Who would be the better buy if any. Tickers are RPL and CXP.
Thanks.
Read Answer Asked by Graham on December 11, 2012
Q: Canacol Energy[cne] on the TSX has had a bit of a run of late & yet it has a reverse split coming up.It seems to have large blocks of land & links with big companies. Your opinions on this company would be appreciated.Thanks for all your help.
Dave
Read Answer Asked by Dave on December 11, 2012
Q: Peter - what's happening with Mart Resources?
I own it.
You own it (FP current contest)
It just keeps sliding down every day
Avything wrong? Thank you.
Read Answer Asked by Robert on December 11, 2012
Q: Peter,

I am really perplexed with PSN. With one bad qurater, do you think their business model has completely failed. Is it because there were no barriers to entry in this area and others have jumped in and took it from under their nose. What about their present customers? The market seems to be discounting this as something which is not even going to be a 10 PE stock. Based on your earlier advice in a couple of the responses, you recommended holding the stock and not selling as there might be a year end rally after the tax loss selling is over. If the average price is around $4 is there still risk it might go to less than $3 or even more. Any help will be appreciated. Thanks
Read Answer Asked by Imtiaz on December 11, 2012
Q: With the announcement that CNOOC was being allowed to acquire Nexen, I would have expected the Nexen shares to move to CNOOC’s offer price of $27.50, but as of Monday afternoon, the shares high is $26.67. Why are the shares not trading at $27.50? That is the price I hope to sell at. Thanks … Cal
Read Answer Asked by cal on December 10, 2012
Q: Peter,

Do you think it is worthwhile to play the new STO takeover speculation?
Read Answer Asked by Imtiaz on December 10, 2012
Q: Peter; After the big OK on the SOE buys do you see a negative impact on the senior oil sands companies and smaller ones like PXX? Thanks.

Rod
Read Answer Asked by Rodney on December 09, 2012
Q: Sir Peter,

What are your thoughts on Sonde Resources, SOQ.
Read Answer Asked by Graham on December 08, 2012
Q: Hi Peter&crew,
Would you comment/speculate on what Nexen and Progress deal approval influence on the Canadian energy sector might be?
Thanks, Zoran
Read Answer Asked by Zoran on December 08, 2012
Q: Hi Peter
I hold both TOT and FRC and was considering lightening my exposure to this sector. What is your opinion on these companies in both the Long and short term?

Thank You
Read Answer Asked by Marty on December 05, 2012
Q: Peter,

A guest on BNN Market Call on Nov 23 suggested buying PSN as a tax loss selling candidate between Nov 23 and Dec 15. At that time the stock was 5+ and now it is even lower than 3.5 and it keeps sliding. The worst part is that the analysts who downgraded the stock after the earnings report came out, have cut their targets to half from their earlier rating (BNS downgraded it to $11 and now to $5). From the earnings date till now there is only a class action suit against the company and nothing else. Also globe and mail in their article had some favorable comments. What do you see from all this? Would you favour a buy, hold or sell at these prices?
Read Answer Asked by Imtiaz on December 05, 2012
Q: Hi Peter, can I have your thoughts on (SMQ)Santa Maria Petroleum, is this the end for the company, is it tax loss selling driving it farther down and I should do the same my cost is $1.60 from when it was Quetzal. Is there any hope of any recovery. Thanks, Nick
Read Answer Asked by Nick on December 05, 2012