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

To: Drbob512 who wrote (14969)	2/4/2007 11:02:22 PM
From: Metacomet	Read Replies (2) \| Respond to of 25575

If THAI were not in the equation, your analysis would make more sense, I included THAI. What about my analysis doesn't make sense? I think what doesn't make sense is the massive premium being put on PBG for a technology that has not only not been proven, but it remains to be seen if the economics of it would even make it worthwhile for a CLL to license it, and even if it did, how many years remain until it is ready to sell? They are looking at a pretty efficient SAGD operation. How can you be so sure that it will payoff in the manner you are imagining? It is this imagined magic bullet that is driving the market price over CLL. Frankly, at this juncture, I have to give the edge to the reserves under Great Divide versus Whitesands. How does PBG make money on THAI? So much money, that even now, by itself, it is being valued at substantially more than the entire value of CLL?