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


To: Snowshoe who wrote (54360)10/17/2004 6:21:29 PM
From: Tommaso  Read Replies (1) | Respond to of 74559
 
No one could ever have predicted the eventual course of BPT. Since it is a wasting asset, it may be quite overpriced at this point.

I bought it too soon and had to suffer through the 1999 decline, but held on until I had a very good profit. I sold it to reinvest in Canroys that I think have done almost as well. Specifically, I switched from BPT to COS.UN because of the 50-year reserves in the tar sands project and beccaue the costs to produce syncrude were steadily dropping.

COS got some publicity in today's New York Times:

nytimes.com

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