TAL talius group limited
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i certainly hope so Colonnade !many of the oil stocks have been...

  1. lassatter
    378 Posts.
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    03/01/08
    11:13
    Post #: 3204817
    i certainly hope so Colonnade !
    many of the oil stocks have been overlooked and undervalued by the market in 2007.THere was a good article in BRW (dec i think) that highlighted this "market inefficiency".

    Price of oil has hit $100 barrel o/nite and seems set to stay at historic highs for some time. I'm sure that this will get a lot of headlines and draw some focus back to the sector. IMO energy stocks are going to be on the radar for some time to come.

    In the meantime Advance as you pointed out has hit cash flow positive and continues to operate and grow a successful producing business. With further drilling success and positive market conditions hopefully 2008 will be the year that AVD gets the support it deserves

    regards
    AVD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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