JOHN YOUNG: Favourite stocks until recently were Arrow, obviously it had a very large material resource base and I think had a very promising future, that processes, the acquisition processes is now rolling forward. We still like that stock.
In the emerging producers we are focussed on companies like Bow Energy, that's a small coal seam gas company with a growing reserve base, Comet Ridge is a company that is at an earlier stage of development but I think shows potential.
Also very good article on COI http://www.thebull.com.au/articles_detail.php?id=8745
COI has been quiet of late but expect great things soon. Momentum has been building up. This stock was at mid 30s barely 2 weeks ago and won't be long before it goes up to high 30s I think. Tor McCaul (MD of Comet Ridge) presented yesterday at 2.15 pm at the Wilson HTM Investment Group Energy Conference at Governor Phillip Tower and they have great things coming up.
COI is extremely cheap right now.
COI Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
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