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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: gparker940 who wrote (6203)1/28/2006 3:12:33 PM
From: rubbersoul  Read Replies (1) of 25575
 
You may want to consider keeping a few CWPC shares though before you sell all.
Mac posted something referring to their Eagle's Nest property, I think:

Message 22097221

Eagle Nest Prospect

On August 25, 2005, the Company received notice that it was successful in its bid to purchase the 23,040-acre Eagle Nest Prospect, situated in the Athabasca Oil Sands in Alberta, Canada, for US $727,187. The Alberta Energy Utilities Board ("EUB"), in its Crude Bitumen Resource Atlas of May 1996, estimated an initial in-place resource of 3.4 billion barrels crude bitumen on the Eagle Nest Prospect.

Also, they have Firebag East which they are currently drilling.

Also, Pasquia Hills:

The Pasquia Hills oil shale permits have the potential to contain 7.8 billion barrels oil shale. Western Petrochemical Corp has incurred $2,500,000 in exploration expenses to date, including 44 test holes. On 50,000 acres of these lands, a mine development area has been defined that contains a 4.3 billion barrel oil resource which, after discounting on a fully risked basis, has been calculated at 2.4 billion barrels oil. Each drill hole has consistent grades averaging 7.13% oil or 34 liters per tonne.


Still a great oil sands spec imo (though I would recommend CLL.TO over CWPC to mom) :O)

JH
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