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


To: pokepoling who wrote (10770)6/19/2006 8:08:52 PM
From: candlestick98765  Respond to of 25575
 
The website may be out of date. They trade on the BB here. The stock is very volatile. It's being bought up by funds, toyed with by traders.... Not a retail investment, by and large

If they have half a million acres of prime oil sands -- and they seem to have good saturation, from what I can tell -- and the formation slopes their direction -- and the geological indications are that it quite likely does..., then

this stock will do very well over the next 18 months, and it becomes a prime takeover target (a) when SEC reserve rules are changed; (b) peak oil fears REALLY ignite; or (c) when any number of other drivers fall into place -- including, but not necessarily required, good drill results.

I added at 6.50 JUST before last week's collapse -- so that shows you how dumb I am! Wish I'd waited 2 or 3 days. But I don't have any of Metacomet's anxieties about the substance of their claims. (That they've yet to be proved up, of course, goes without saying).

I also own CLL. It's not an "either..., or" proposition.