Value Microcaps Junior Energy

[stock_peeker]

Barchart has STRONG outlook for MMT.va, IAE.to and TGA. I don't use Barchart very much, but it does provide decent charts and a good summary of typical technical indicators and resistance points.

They have various ways of looking at the stocks, for instance:

Barchart Opinion for Mart:

http://www.barchart.com/opinions/stocks/MMT.VN

Snapshot Opinion for Ithaca (IAE.to):

http://www.barchart.com/snapopinion/stocks/IAE.TO

Technical Analysis for TGA:

http://www.barchart.com/charts/stocks/TGA

My comments on these three (all of which I own):

Fundamentally, Mart appears to continue on expectation of upcoming announcements on a special dividend, deal with Shell for future production (prerequisite to building a new pipeline), and UMU-9 log details. By end of current qtr, we should also see significant increases in proven and probable reserves that will be supported by good UMU-9 logs.

Ithaca showed a strong breakout on volume over the last 3 days. Fundamentally, I guess the volume may be coming from the fact that the FPSO should leave the shipyard and be enroute to the Athena Field in the North Sea shortly, if not already. The Athena field is expected to be online by the end of March.

Fundamentally, TGA has been gaining strength in anticipation of large production increases during 2012.

IMHO, all three of these well-managed oil producers are VERY UNDERVALUED based on the large production increases expected in 2012 over 2011.