Corridor Resources: Striking Down The Moratorium

Corridor Resources has seen a major improvement in the fundamentals of its business, namely the election of a Progressive Conservatives government. Bruce Northrup, MLA for Sussex-Fundy-St. Martins, said it wants a fracking bill by Christmas. The community there has always supported shale gas development. Corridor operated in the area for 15 years before the enactment […]

Portfolio Update: Be Confident On What You Own

I took profits on Altura Energy on Wednesday. Of course, the company announced excellent operational results the next day. I feared I missed another good opportunity to do nothing instead of selling a good stock. Source: StockCharts.com The market’s reaction was positive. However, the bump was gone by Friday. The stock still looks weak in […]

Bought Bellatrix Exploration

I added Bellatrix Exploration this morning. I figured Bellatrix would ride the speculation surrounding LNG Canada just like other Canadian natural gas stocks. This position is smaller than the one in Peyto Exploration I established two months ago. Be careful. It’s not a long-term hold. Disclosure: I am long BXE. Not for republication on Seeking […]

New Brunswick Elections: PC Minority Government

As of now, the Progressive Conservatives, lead by Blaine Higgs, were ahead with 22 elected representatives. New Brunswick Liberals followed with 21 seats. Majority is 25 of the 49 seats of the Assembly. Results are not official yet as some ridings were won by less than 10 votes. Bryan Gallant, the leader of the NB […]

Corridor Resources: The Detailed Story

I still believe Corridor Resources is a cheap way to bet on the results of the New Brunswick elections tomorrow. However, no clear winner is emerging, despite waiting a month for a clearer picture on today’s elections. This option is cheap for a reason. Nonetheless, the story of the company is interesting to know whether […]

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