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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (41360)	11/13/2003 2:46:08 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Good afternoon Jay, You probably remember that I pointed out that EnCana, ECA sold their 1.47 billion interest in Syncrude, so I wondered whether that suggested that COS_u.to, Canadian Oil Sands, the buyer, was guessing wrong about the great future of oil sands. Somebody from another thread pointed out to me a release from ECA in which they reiterated their interest in the oil sands; it's just that they want to have complete control, so they are investing by themselves in other oil sand projects. Maybe COS.un is not so bad, after all. I personally like the DRIP(dividend reinvestment plan, shares bought at a 5% discount.) Chugs, Malcolm