Thursday, January 28, 2010

Dundee Capital includes SPI in their "Energy Watch List"

Dundee Capital Markets has issued an "Energy Watch List" that contains New Ideas of Interest. They have highlighted Canadian Spirit Resources Inc. (SPI) as one of their companies to watch.

In the report, they state that SPI is a "Great opportunity for investors to gain access to an up and coming Montney resource player" with "plenty of potential production and reserve growth to look forward too."

They also stated "Adjacent drilling activity and current land sale values speak to the significant potential associated with the play."

Seeing Dundee include SPI in the Energy Watch List is a positive development. Broadening the shareholder base will bring more attention to the company and hopefully result in an increase in stock price and needed liquidity.

A link to the report will follow in a future post.

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