Friday, October 19, 2012

Chanticleer Q3 2012 Letter

Below are a couple of sections (slightly edited for public viewing) from a letter just sent to the investors of the fund I help manage. 

Disclosure: I am a portfolio manager at Chanticleer Advisors ("CA") and Chanticleer Investment Partners ("CIP") and the fund managed by Chanticleer Advisors owns shares in High Arctic Energy Services Inc. (TSX: HWO), which is mentioned in the letter below.  We may in the future buy or sell shares in the fund or other accounts managed by either CA or CIP and are under no obligation to update our activities. This is not a recommendation to buy or sell a security. Please do your own research before making an investment decision.