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: candlestick98765 who wrote (10721)6/15/2006 12:56:33 PM
From: Metacomet  Read Replies (2) | Respond to of 25575
 
It will take YEARS for CWPC to bring these sands to production --

That is the whole point, that I am obviously unable to make.

They don't have years.

They lose 40% of their concession each year.

Not sure what Sask requires them to do, but they do hold the land as a mining claim that was originally 1.4 million acres.

"Uranium Power renamed itself CanWest Petroleum Corporation and has applied for a listing on a senior American stock exchange. The full property was transferred to Oilsands Quest, a private company that's 63% owned by CanWest. Following a 40% land rights relinquishment to the province, Oilsands Quest holds about 850,000 acres sprawling along the Alberta-Saskatchewan border north of Laloche. Another land relinquishment will occur this year, leaving the firm with 508,000 net acres."

dobmagazine.nickles.com

Ok.

I am thru trying to point out this rather obvious sticking point.

As is clear thru several posters comments, the reality of what is on the ground is irrelevant.

There is money to be made in finding the greater fool.

Good luck to all you folks who are trading CWPC amongst yourselves.

Don't let a little DD spoil the fun.....