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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (41341)4/4/2005 3:32:46 PM
From: Tommaso  Read Replies (1) | Respond to of 206148
 
Don't you hold Oil Sands Split? It's up over 6% today.

It has come a long way since I recommended it, but when COS.UN starts paying out any of their enormous income, it will all go to OST.UN. COS.UN should show a huge increase in profitability this year. Last year they lost hundreds of millions of dollars on hedges, but now all the hedges are off, production is up, debt is being paid down, expenses are decreasing, and oil is at around $55 while it costs them a good deal less than $15 a barrel to produce syncrude.

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