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


To: Taikun who wrote (11983)8/22/2006 2:55:41 PM
From: insitusands  Read Replies (1) | Respond to of 25575
 
Bought some yesterday. ECA is also heavily involved in this basin centered gas play. These types of formations can be gigantic.



To: Taikun who wrote (11983)8/22/2006 3:06:15 PM
From: candlestick98765  Read Replies (1) | Respond to of 25575
 
There's been a great deal of discussion of this one on IV. There's lots of ng there, but it's been hard to get at; and DPTR also has back-dating issues. I'm not saying that it's a bad story -- just that everyone should look at the 'whole' of it. Also, the move this week was due to old information that was kind of 'time released', and may not hold -- there may well be better opportunities for this one down the road. Again, I may be wrong. Just go in with eyes open.



To: Taikun who wrote (11983)8/22/2006 8:14:33 PM
From: was Michelangelo7  Read Replies (1) | Respond to of 25575
 
OT - Since you mentioned a comparison to FO-X in your post, I'll just point out that although FO's market cap is larger, FO's interest is 100% of a similarly sized (if not larger when the HTHP area is included) resource property. A reserve report is in the works and should be out soon. Sprott funds are large holders of FO as well -- that's how I first heard of them.

They have drilled 3 wells due to be fractured and flow tested starting in September, possibly producing by year end. More wells are in progress. They just completed a $150,000,000 equity issue, the second this year, so the price is still depressed (as usual with financings), so this may be a buying op. I've added recently close to the issue price.

Disclosure: This is now my 3rd largest holding (after PBG and OIL) and I may be a little biased, so do your own DD.

Happy investing.

m7