But a virtually unknown Canadian exploration company by the name of Suncor (NYSE, SU, $32.23) thought otherwise. And today Suncor, with its $30-plus billion market cap have become the technological leader in developing Alberta's rich-oil sands, has made millionaires out of many early investors. In fact. . .
If you had been early to invest $25,000 in Suncor, you could have sold out for a cool $2,625,000. A gain of 10,500%!
Now here’s the good news: Today a small, relatively unknown energy exploration company, Cobra Oil & Gas (OTCBB: CGCA), is in exactly the same position here in the U.S., as Suncor was in Canada in the 80s.
And I'm also telling you that if you buy shares now (OTCBB: CGCA) at around $1.00, you could more than triple your money in just the next 6-12 months. Cohen Independent Research Group (they're the experts in exploration-stage oil companies) has a. . .
. . .target price for Cobra’s stock of $3.65!
But that’s just the beginning. Long term, Cobra shares could easily go up 20-50-fold, making Cobra Oil & Gas the next mega-profit Suncor!
Oil giant, apparently Exxon Mobile agrees (NYSE, XOM, $67.88). The world's largest publically traded petroleum concern jumped on the opportunity to grab a 12% stake in Cobra's Utah operation, a move that guarantees this junior exploration company plenty of development capital.
Swiss-based Baden Energy Group thinks this could be the play of the year and has closed a deal that provides Cobra up to $10,000,000 more in front money.
Who am I and why should you consider what I have to say?
My name is Jarret Wollstein. I'm editor of the Intelligent Investor Report, and I have a 30 year history of successful predictions and investment recommendations. In fact in my Intelligent Investor Report. . .
My average 2008 stock pick was up by 24.7% – winners and losers included!
That’s one of the best records of any stock newsletter anywhere.
In 2008 – two one of the worst years in memory, some of my stock picks include:
- 160% gain in just 5 months on Alpha Natural Resources (ANR, NYSE),
- 153% gain in 12 months on Fording Coal (FDG, NYSE)
- 120% gain in 18 months on Precsions Cast Parts (PCP, NYSE)
- 114% gain in 16 months on HDFC Bank (HDB, NYSE)
- 108% gain in 18 months on ABB Ltd. (ABB, NYSE)
And in 2009 we’ve already had many big winners, including Jayhawk Energy (JYWK) up 215% in 30 days . . . Freeport McMoran (FCX, NYSE) up 32.27% . . Goldcorp (GG, NYSE) up 34.90% . . . and Natco Group (NTG, NYSE) up 36.06%.
I'm also a financial editor for NewsMax.com, with over 1.5 million monthly readers, and the author of over 40 books and Special Reports, including three national best sellers on investing, terrorism and politics.
I tell you all of that not to impress you but to make it clear that when I strongly recommend a stock, the chances of it doing well are excellent, so you can invest in confidence in Cobra Oil & Gas (OTCBB: CGCA), which I believe it could be my next big winner!
But don't wait too long to invest. The stock is already up more than 120% from its 52-week low. Yes, there's still huge upside left, but why miss out on the immediate profits. If you do choose to invest, I also strongly recommend that you do so for the long-term, and hold onto your shares for at least 12 months, enabling you to ride out short-term volatility in the oil and energy market.
I'm not the only analyst to have spotted Cobra. An independent energy analyst has already put a $3.65 price target on the stock, but my advice would be not to sell when it gets there.
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