February 17th, 2012 
Category: 
BeatingTheIndex is featured this week! I would like to give a big thank you to Larry MacDonald for featuring BeatingTheIndex in the “Me and My Money” section of the Globe & Mail. Thanks for giving me the opportunity and for doing a great job with the interview.
Welcome Globe & Mail readers!
For those of you visiting for the first time, here are a few of my favorite posts written lately:
Xtreme Coil Drilling: Undervalued Drilling Company on the Cusp of Strong Growth
Investing in Canadian Well Completion & Drilling Companies
Hyperion Exploration Carries Strong Operational Momentum into 2012
Palliser Oil & Gas: Rejuvenating Old Oil Fields Using a Game Changing Methodology
DeeThree Exploration: Are Investors Missing the Forest for a Tree?
Please enjoy your stay and subscribe to our RSS feed if you would like to receive new entries delivered to your reader. You can also deliver new entries to your email, follow us on Twitter or on Facebook.
In other news, last week the TSX Venture Exchange released the “TSX Venture 50″ for 2012 which includes the 10 top performers in each of several activity sectors. In establishing this ranking of the 2250 registered companies, the Exchange assigns equal weighting to market capitalization growth, share price appreciation, trading volume and analyst coverage. Here are the top 10 companies in the Oil & Gas sector:
- Petrolia Inc. (PEA)
- Azabache Energy Inc. (AZA)
- WesternZagros Resources Ltd. (WZR)
- Americas Petrogas Inc. (BOE)
- Aroway Energy Inc. (ARW)
- Petro One Energy Corp. (POP)
- Compass Petroleum Ltd. (CPO)
- Painted Pony Petroleum Ltd. (PPY.A)
- Mart Resources Inc. (MMT)
- CGX Energy Inc. (OYL)
Before rushing out to take a position in any of these companies, please remember that past performance does not guarantee future results. Case in point is Bowood Energy who was part of the list last year, just take a look at the chart….
News Roundup
Tight oil the future of energy in North America
Update: Cenovus ships first crude oil to China
Oil supply threats highest since the 1970s: Deutsche Bank
Fracking does not contaminate groundwater, says scientist
Oil Rises as Iran Supply Threat Grows, Greece Passes Austerity Measures
Blog Roundup
How I Quit My Job, and What I Plan to Do Next (Invest it Wisely)
Unconventional Wisdom In Personal Finance (Money Cone)
Why we optimize, do not maximize our RRSPs (My Own Advisor)
The Extra Money Blog is giving away some extra money: $2000 in prizes!
A Little bit of Geopolitics, a Little Bit of Potash (101 Centavos)
If I Had A Million Dollars (Canadian Finance Blog)
Carnival Roundup
Yakezie Carnival at 101 Centavos
Carnival of Financial Camaraderie at My University Money
Totally Money at Faith Money Values
Carnival of Wealth at Control Your Cash
Carnival of Retirement at My Retirement Blog
Have a great Weekend!
Congratulations on getting featured in the Globe&Mail Mich! Not surprising, considering the high quality of your analysis and insights.
Thank you MoneyCone, I appreciate your feedback!
Mich: I left a congratulations for you at Globe and Mail. I love Beating the Index. I hope you many tenfers in your portfolio and thanks for sharing the results of your research here.
Thank you for the kind words Peter. It is feedback such as yours and MC above that makes this site worth working on!
Wishing you many tenfers as well!
See also my responses to guys not liking the junior oil sector that much:
I can’t see this comment any more. So here it is again, plus, I should mention that I also invest in cpg, but my best returns are from New Gold (up 500%); Crocotta (up 223%) and Midway Energy (up 280%) from my average cost price. I also average down, so that bad markets are an opportunity. You can’t always judge a portfolio on year over year performance.
If you are going to invest in the Canadian junior oil sector, you have to be patient. I did very well between 2008-2010, but last year was a bummer. It is a question, in my opinion, of value investing–knowing the sector well enough to make reasonable judgements about whether companies are oversold. It is also investment that is helped by deep pockets, so that you are ready to scoop up deals when the fear in the market place is palpable. The commodity prices can kill you. Thus, natural gas has certainly hurt my portfolio. It is a great risk, but then I would rather invest in oil companies that are relatively easy to understand than banks, with their black box financial statements.
http://www.theglobeandmail.com/globe-investor/investment-ideas/features/me-and-my-money/a-passion-for-oil-and-gas-stocks/article2342457/comments/
Very well deserved, the M&MM article in the Globe.
As always, Larry MacDonald did a great job with the write-up. I’ve gotten to know Larry over the last couple of years, a great guy.
Cheers to you for all your work on this site, and the detailed research you do in the O&G sector. I don’t always comment, but I always read Mich.
Take care,
Mark
Thank you Mark!
Larry did a good job indeed.
I as well am always around MOA even though you don’t see me comment as much.
Cheers!
Congrats on being featured in the Globe. It is always awesome to get featured in print!
Thanks Robert, totally agree!
Congrats on the feature, Michel, it was a great feature and glad to see you in there.
Thank you Kevin
Thanks for the mention and congrats on the G&M article. When I did a Me and My Money, CFB was only 5 months old and I really felt like I “made it”!
Thanks Tom, I know how you felt