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Gold/Mining/Energy : Oil Sands and Related Stocks
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To: johnlw who wrote (15864)4/20/2007 11:07:46 AM
From: Bituman  Read Replies (1) of 25575
 
Teck initially bought their way in for $.95/Bbl so resource values in that neck of the woods hasn't changed much.

It's hard to conclude what oil sands plays are worth when you compare UTS/Teck transaction with;

The high end, $4+/Bbl Shell paid for Blackrock and the $4+/Bbl COS paid to buy out Talisman.

And, at the very low end our dear friend Synenco, trading at <$.25/Bbl (best estimate)

I guess OS value is in the eye of the beholder.

B
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