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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: rubbersoul who wrote (7241)2/27/2006 3:11:55 PM
From: Taikun  Read Replies (3) of 25575
 
I had a huge position. I bought all over the map, 2.20, 2.60 and 3.15.

Time to take some profits on the news. News which, to my chagrin, makes no comments about the acreage in the deal. I guess these are the new breed of oil sands plays, like HAO where you're now paying $15/bbl.

HAO, MSEV, PTII are not disclosing acreages. PTII just spent $3m on what? By the way that lowers the cash/marketable secs per share and increases risk.

I'll keep some PTII but no overweight position.

Back to more cash for me, looks like a market brawl is around the corner.
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