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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: robnhood who wrote (17686)9/19/2007 7:20:44 PM
From: TheTortuga  Read Replies (1) of 25575
 
robnhood, huh? Is your point....

- Government raises taxes
- Oil price increases accordingly
- Government increases taxes
- Oil price increases accordingly
- Government increases taxes
- Oil price increases accordingly
- Government increases taxes
- Oil price increases accordingly

When does it stop? Did you spend any time thinking about your message before hitting the post button? Why the negative comments about Americans?

Many (including those evil Americans) have invested in Canada because assets were perceived to be secure. Now that Canada seems hell bent on taking that away, why would one invest in the oil sands. Development costs versus many other areas of the world are VERY POOR. Personally, I will think very hard this evening about selling Canadian assets and reinvesting in more lucrative areas of the world.

The game is risk versus reward. Risk just went up tremendously in Canada. Instead of taking shots at Americans, I would be embarassed by your country's actions today (second time in 11 months). If the recommendations are adopted, how many Canadian's will lose jobs?

TheTortuga
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