Comments on: “Wall Street’s New Boss” Money Map Report

By: Bob Finch

Bob Finch — Fri, 03 Oct 2008 21:56:03 +0000

I would watch PDS and see what happens after our election on Oct 14/08. If Harper wins in any way they will be SUNK. If he loses their may be hope if the Libs and NDP collaberate In the meantime I am colapsing my RRIF and going into a REIT in Shopping Centres across Canada.
Bob F.

By: StockGumshoe

StockGumshoe — Fri, 03 Oct 2008 19:11:19 +0000

He didn’t make any secret of which ones he was watching, I don’t think — if memory serves it’s UAE, Singapore’s Temasek, Norway’s oil fund, Abu Dhabi, and Kuwait, though most of those have several state-associated or state-funded investment arms and companies.

By: StockGumshoe

StockGumshoe — Fri, 03 Oct 2008 19:06:12 +0000

Interesting company — the 9% yield is the kicker on PDS, not many other oil service co’s get that high (or are structured as trusts, naturally). Thanks.

By: TV Guy

TV Guy — Fri, 03 Oct 2008 18:49:26 +0000

So did I miss this? WHO are the mystery “5 investors” ?…the 5 sovereign wealth funds…not individual “barons” , yes?

By: Karen Kell

Karen Kell — Fri, 03 Oct 2008 18:37:14 +0000

I had already searched for this tease and thought the most likely company (in discussions of microhole drilling) was Xtreme Coil Drilling Corp. (Toronto: XDC). Even if I’m wrong, I suggest everyone still read about microhole/coil, a fantastic technology that will make much ignored oil and gas finally accessible. XDC only trades for $6.00! Example site: http://www.greencarcongress.com/2007/01/doefunded_micro.html