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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: roguedolphin who wrote (10712)	6/15/2006 5:11:39 AM
From: Proud Deplorable	Respond to of 25575

From another board: As posted on another board: I just noticed on Yahoo that CWPC is owned by FIVE Fidelity mutual funds (Fidelity Canada, that is). Has anyone noticed this? They include: FIDELITY CANADIAN GROWTH COMPANY FUND FIDELITY NORTH STAR FUND FIDELITY CANADIAN DISCIPLINED EQUITY FUND FIDELITY TRUE NORTH FUND FIDELITY CANADIAN OPPORTUNITIES FUND One of the funds, (North Star Fund) is co-managed, with one of the managers being Joel Tillinghast. Joel has been one of Fidelity's greatest mutual fund managers for years. He has managed Fidelity's Low Priced Stock fund for years and it is one of the best performing mutual funds over the last decade. Don't think he won't tell his associates about CWPC after they get to the AMEX. He did the same thing with BMD, and now it is also owned by several Fidelity (USA) funds. Makes me feel better to know that a fund company like Fidelity, and one of their best managers, sees something in CWPC that they like. I would add that considering the above, don't sweat the temporary drop

To: roguedolphin who wrote (10712)	6/15/2006 7:33:27 AM
From: Metacomet	Read Replies (1) \| Respond to of 25575

It is to me. Since that is all they really have to sell. I am by no means any sort of expert in this, but I closely follow the progress of CLL. They are also in the midst of their asset delineation program. They happen to straddle the main hiway going into Fort Mac. They are fully funded for whatever exploration they need, and they have been frustrated by lack of drill availability and the relatively short drilling window available. Apparently, these oil sands probes can only be accomplished in frozen ground. This Conncher release describes their program from last winter. connacheroil.com In it they express their frustration at being able to drill only 20 holes during the drilling season. Remember that CLL is looking to further delineate a certified resource on a holding that is a fraction of what CWPC is claiming. So when I consider the difficulties involved in proving the resource where the location is a given, the targets are basically on the hiway and the contractor is experienced and flush with cash and still cannot get more than 20 holes per year drilled; I have to question how is CWPC which is in a highly remote location, underfunded and still trying to confirm the viability of a gigantic holding going to do this? And they need to do it with a beat the clock event occuring in order to even maintain their land rights from Sask. So, I suppose these are issues that the market has satisfactorily resolved somehow. Maybe it is no big deal.....