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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: Metacomet who wrote (7201)	2/24/2006 12:15:46 PM
From: Taikun	of 25575

<"It should be noted that GLJ considers the marketable product from the Project to be synthetic oil, and has prepared contingent resource estimates on that basis. The December 31, 2005 recoverable bitumen estimates presented above are provided for comparison purposes only, and require upgrading to produce a marketable product." What is the effect of this qualifier, compared to what might be produced in a SAGD operation?> Good question. COS, SU sell both upgraded product and bitumen I believe. I don't know how you'd determine the split beforehand.

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