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Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 63836  
Subject: Re: Any opinions on Pengrowth Date: 12/13/2012 8:07 AM
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On another topic, did you have to bring up Perpetual?!! I synthetically DRIP that one for a few years on the way down. What a disaster.

RMM



Amen on that one, I never considered that the Nat gas downturn would turn into such a long term process. }};-()

A couple of my TFSA holdings Penn West and Enerplus are suffering from both Nat gas and the WCS discount. Hopefully pipelines away from Cushing glut are "on the way".

I bought a bunch of Canyon Services (FRC.to) in my trading account in mid-november. I also bought some earlier in the year in my TFSA with the dregs of my PMT money that I sold. They raised their dividend by 150% earlier in the year and are growing the business with cashflow rather than debt. Not a recommendation as I don't do that anymore.

http://www.google.ca/finance?q=TSE%3AFRC&ei=FM7JUJCmN9Su...

My position in Hercules Offshore (HERO) a US shallow offshore driller has done well (up over 32%) but its not a divy payer so will probably get sold shortly as I need to move more into the TFSA.

My current fav dividend payer and largest position is still Altagas but it is too large to add to. Their Nat gas pipeline to Kitimat is exploring a massive increase in capacity in hopes of grabbing a good part of potential LNG exports.

http://finance.yahoo.com/news/altagas-ltd-provides-major-pro...

AltaGas also announced today that its wholly owned subsidiary Pacific Northern Gas Ltd. (PNG) is carrying out feasibility studies for further expansion of its pipeline system to approximately 600 MMcf/d. The PNG natural gas distribution system is the only natural gas pipeline from the producing regions in Alberta and BC to the west coast of Canada in service today.

Some of you might be interested in dropping in to the Mining and Metals board as Papa Smurf is running a copy of the WayneOwl "dirt" competition.

http://boards.fool.com/resurrection-of-the-wayneowl-dirt-con...


Tim
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