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Re: elijahofmalone post# 8444

Tuesday, 03/08/2011 6:45:46 PM

Tuesday, March 08, 2011 6:45:46 PM

Post# of 17741
FRC.TO From today's globeinvestor.com:

Canyon Services Group Inc., which provides fracturing and chemical stimulation services to oil and gas companies in Western Canada, reported better-than-expected earnings in the fourth quarter as demand for its services soars. Yet, Canyon Services continues to trade at a discount to its peers “despite zero financial leverage and a younger fleet,” commented Wellingston West Capital Markets Inc. analyst Greg Colman.

Upside: Mr. Colman raised his price target by $4 to $17.

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