Rival Energy Ltd (fka rgylf)

[nutsaboutgolf2001]

Yes now that the uncertainty regarding the taxation of trusts has been eliminated (as of a couple of days ago), I think we can expect more energy stocks to convert to trusts and of more importance more energy trusts begin to actively pursue underpriced juniors (it is probably cheaper and certainly quicker for a trust to buy out a Rival or an XPD) than to try to grow production through the drill bit themselves. I think we will see trading volume in such stocks pick up substantially over the winter months, when a lot more drilling generally takes place. Certainly we have seen pretty good volume in Rival and it made a great rebound today and I expect the same will hold true for XPD. 500 boe is a nice size addition for any but the very largest trusts.