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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: stan_hughes who wrote (12454)10/9/2007 12:39:48 PM
From: Fishfinder  Read Replies (1) of 24935
 
I fully agree.
Alberta's JOE Public and the beaurocrats running this review see all the PBG's and Suncors of the Alberta skyline going to the moon and figure now they want some.

This review strategy really has nothing to loose even if the industry does slow.
The oil is still there. And it isn't going to get any cheaper in the years to come.
Its probably worth more to Alberta if they leave it in the ground for as long as possible.
So this royalty thing is a win win for them no matter what.
I used to have over 50% of my Portfolio in Alberta Oil and Gas.
Since this announcement I have 5% left and selling.
This includes my trusts.

scott
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