Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Top resource broker VSA has initiated its coverage of Egdon Resources (EDR), following its purchase of Alkane Energy assets, at 25.5p with a buy stance and 60p target – this it argues is THE play on UK shale.
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