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But not all is gloomy in
Pink world. If one researches diligently, finding a needle in a haystack is possible. A Pink Sheet listed company that I am keeping my eye on is Strat Petroleum Ltd., (SPRL) an Oil and Gas company whose strategy is to enhance shareholder value through
acquisition of oil & gas properties with proven reserves or producing/capped wells.
They began trading on
Pink Sheets in July of 2004 and since then, investors have seen
stock rise from under a penny to a recent high of about thirty cents. But what makes this U.S. company so unique is that they are focusing their efforts of becoming a top oil company by investing in, of all places, Russia. On
outside, one could look at that as carrying extra risk. But on a recent trip to
former Soviet Union,
company was able to secure their first oil field purchase, out of several they have identified and are pursuing. Strat Petroleum Ltd may be an exception to
Pink Sheet rule, or at least appears to be. Again, without listing requirements it’s difficult to know for sure. But I think that Strat Petroleum Ltd has excellent potential. Their Board of Advisor’s is a virtual Who’s Who of industry leaders, many of whom are Russian, which makes it even more attractive. See more about Strat Petroleum Ltd at www.stratpetroleum.com.
If you choose to invest in a Pink Sheet stock, or any stock for that matter, please do so with caution, and only after you have done
appropriate research. For tips on investing, please visit www.sec.gov .
Consult a professional investment advisor before making any investment decision.
The securities mentioned in this paper are not appropriate for all investors. While all reasonable effort is made to ensure
accuracy of information and data contained herein, accuracy cannot be guaranteed. Past performance is not a good predictor of future performance. Results are not guaranteed and we assume no liability whatsoever for any material losses that may occur. No compensation for suggesting particular securities or financial advisors is solicited or accepted. The information on this document, and in its related documents, is not intended to be, nor does it constitute, financial advice or recommendations.
