After a lot of analysis, I decided to buy some XPD.V today. I'm probably responsible for much of today's volume on the buy side. Another underpriced Canadian junior, price to cash flow looks good and it's been somewhat of a laggard price-wise recently. I really like the amount of new production coming on stream in the 4th quarter (possibly the best of the group percentage wise) and even more importantly, they appear to have management that has proven they can grow production and improve shareholder value in a short period of time. Hope I wasn't buying from you.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.