SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Metacomet who wrote (6197)1/28/2006 12:30:41 PM
From: rubbersoul  Read Replies (1) | Respond to of 25575
 
Metacomet,

"Given the choice today of investing equal amounts in one or the other, would you take CLL or CWPC?"

CWPC is MUCH more of a gamble but if one ONLY owned 2 stocks in their whole portfolio (which would hardly be the case), and if one was an aggressive investor, I would suggest 75% CLL.TO and 25% CWPC.OB. It all depends on the type of investor you are and the dynamics of one's portfolio. Both companies have their merits with risks but CWPC is an early stage explorer while CLL.TO is a more mature oil sands play (possibly the best along with PBG.TO imo). You are comparing apples and oranges.

Questions to you: Do you own CWPC? Are you thinking about buying the stock?
If not, then why do you concern yourself with the company? I personally do not waste my breath on stocks that I feel are unworthy or which I feel are "crap shoots".

Regards,
JH



To: Metacomet who wrote (6197)1/29/2006 2:20:26 AM
From: haitokin  Read Replies (3) | Respond to of 25575
 
CWPC or CLL? CLL.

The day to buy CWPC in a big way, will be the day they come out with an official reserves report on their sask property. Failing a good report, it'll be the day they come out with the report on their Alta property. Once they do something like what CLL did last summer by increasing their estimated reserves by 1800%, then I'll change my answer. Until then, I'll own four times as much CLL as CWPC. I do own both, but CWPC has been mostly just traders, although I have recently come to believe that I should stay pat with a few shares at all times, just in case. Hopefully, with a few more ups and downs along the way ( they do have a lot of drilling left before anything big gets announced), I'll be able to have established a few more free shares out of the deal. Depending on what transpires, I think at the end of March, it might be smart to take some gains out of CLL and PDP and load up a bit on CWPC to await their report. I think it'll be what they hope for.

But what are they going to do with it? There won't be any labor left to do anything at the rate all these new projects keep getting announced. Another mining venture? Will there be any tires left on the planet for them in 2008-2012? Cash is king - and CLL will be in positive cash flow territory soon enough. Much sooner than PBG.

OPC will be in the cash, and they have my vote too. There's a double by 1st quarter 2007.