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


To: james flannigan who wrote (15546)3/22/2007 4:22:02 PM
From: insitusands  Read Replies (1) | Respond to of 25575
 
Agreed again James. I might add that PBG is most likely to carry the "franchise" tag in such a scenario. That being said, if one believes in peak oil then all of these sand companies are very cheap, perhaps stupidly so. The market is too focused on rising costs while being complacent about depletion and the lack of new discoveries. If crude can turn higher here I believe that it will be a very long time, if ever, before the recent $51.00 low is revisited. Higher oil sand costs would then soon be forgotten by investors and cash rich/supply challenged big oil companies looking for large, secure crude oil assets.



To: james flannigan who wrote (15546)3/22/2007 4:36:17 PM
From: TheSlowLane  Read Replies (1) | Respond to of 25575
 
Hmmm. Well, Coxe concluded a little while ago that oil sands properties are analogous to oil paintings by the Great Masters. But if you think that they are more like a Tim Horton's chain, I suppose you could make a case for that. I kinda like the Rembrandt analogy better though. Classier, ya know?