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


To: Taikun who wrote (11107)7/6/2006 4:56:28 PM
From: Thai1on  Respond to of 25575
 
What, investors thought they could enjoy higher oil sands profits but freeze expansion costs?

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To me, it makes Connacher that much more valuable. Since they do most of their fabrication offsite and truck it in, they have pretty good control of their costs, though they will also be subject to some inflationary pressures. Plus with their cookie cutter design, PODS 2,3,4,??? will also enjoy the pricing benefits of modular offsite construction. And, at least for POD 1, they have already incurred about 90% (if I remember correctly) of their eventually equipment costs. I bought some more yesterday, filled at $3.87 US.

Regards,
T1