believe this venture fund is undervalued by 25% vs peers and has an intrinsic value of $21 a share

It's metalurgical asssets are very valuable and it's shipping costs will come down in mid 2007; steel prices remain firm with scrap levels also strong; when Canada clears up their new taxation mess these stocks will trade much better based on long term value

Dominent Canadian drilling in a weak geo market; again as much a political/tax problem as Canadian E&P companies have slowed cap spending while mkt sorts out new rules; some smaller energy companies could default on leases but PDS can weather this storm; Cabada remains a "safe" exploration area and PDS will be an integral p[layer

hidden assets in asia make this a stock to own