TEMPEST

TMY

Picked some TMY (6.4) today. I have been looking pretty hard to add some position, but I could not find anything, other than in the energy sector, which I was rather reluctant to add on, particularly when the oil price is hanging around $50/bbl. TMY (and BDE) are two of the cheapest juniors as far as I could see, and its price has declined somewhat due to negativity related to recent management changes. I still expect a decent production growth in the coming two quarters, which will serve as a catalyst for the stock. Having said that, I would like to be more vigilant about exposure in the energy sector.