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


To: james flannigan who wrote (15872)4/20/2007 10:10:20 AM
From: fmikehugo  Respond to of 25575
 
If and when PBG is bought out I hope it is a share buyout by a solid company that we are willing to hold so that the tax consequences are as favorable as possible.

Of course for US holders that assumes continued favorable tax treatment of LTCG. Sigh.



To: james flannigan who wrote (15872)4/20/2007 12:37:42 PM
From: whodat  Read Replies (1) | Respond to of 25575
 
Bought more PBG this morning... I must be insane.



To: james flannigan who wrote (15872)4/21/2007 4:18:44 AM
From: daveinmarinca  Respond to of 25575
 
Also bought more today....I like the Bakken Bitumen synergy......Bakken is 41 degrees API Gravity, an excellent bitumen diluent.....I see a new export blend added to the current blends..... "dilbit" (naptha/bitumen), 'synbit" (50/50 syncrude/bitumen) and "synsynbit" (2/3 syncrude, 1/3 bitumen I believe)...."BAKBIT".....proprietary PBG product blended to maximise THAI bitumen production/pipeline shipment capability, perhaps as much as 3 parts bitumen to one part Bakken crude enabling PBG to ship, say 210,000bpd of bitumen assuming 70,000 bpd Bakken production from 500 wells <http://www.stockhouse.com/bullboards/viewmessage.aspno=14618166&t=0&all=0&StartDir=O&StartID=14631222&StartDateTime=2007-04-10>. Don't hold me to these numbers....just suggesting that they've done their homework and have raised $250 mm this week to aggressively move forward on both THAI and Bakken production. $20/bbl x 280,000bpd =
>$5mm/day......markets - Sarnia/Chicago-Gulf Coast/Asia.....the potential is mind boggling.....they're looking more and more like a Middle Eastern NOC!