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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Tommaso who wrote (77930)1/15/2007 3:50:47 AM
From: upanddown  Read Replies (2) of 206180
 
I don't think Hickman can really be described as patronizing.

No, but he could be described as a tiresome windbag who feels compelled to share his "feelings" about CLL.

The entire sector is down in the last six months. A monkey with a dart could have picked an oil sands stock to decline recently. Your COS is down over 25% since Aug and that is after Friday's jump.

The people who believe that there has to be some alternative to strip-mining the sands are neither nutcases nor idiots. 85-90% of the sands are too deep for strip-mining and the environmentalists are already taking dead aim at the strip-miners.

The juniors like CLL and PBG are simply looking for a way to drain the oil insitu. Will it work? Who knows but I think it is a reasonable speculation.

This report and pictures on CLL tells me that they are building a real business here and not some Potemkin village.
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