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


To: robnhood who wrote (17686)9/19/2007 6:53:40 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 25575
 
robin,
with the government’s overall take from Alberta’s resources increasing to 64% from 47% in the oil sands Doesn't this burn your ass just a bit ? I mean you know how they take our money and use it to buy votes... I think we'd be extremely depressed to see the real ROI on our tax dollars ...

I'm still waiting Harper's icebreakers ... maybe once he succeeds in completely severing ties with China...

blackie



To: robnhood who wrote (17686)9/19/2007 7:20:44 PM
From: TheTortuga  Read Replies (1) | Respond to of 25575
 
robnhood, huh? Is your point....

- Government raises taxes
- Oil price increases accordingly
- Government increases taxes
- Oil price increases accordingly
- Government increases taxes
- Oil price increases accordingly
- Government increases taxes
- Oil price increases accordingly

When does it stop? Did you spend any time thinking about your message before hitting the post button? Why the negative comments about Americans?

Many (including those evil Americans) have invested in Canada because assets were perceived to be secure. Now that Canada seems hell bent on taking that away, why would one invest in the oil sands. Development costs versus many other areas of the world are VERY POOR. Personally, I will think very hard this evening about selling Canadian assets and reinvesting in more lucrative areas of the world.

The game is risk versus reward. Risk just went up tremendously in Canada. Instead of taking shots at Americans, I would be embarassed by your country's actions today (second time in 11 months). If the recommendations are adopted, how many Canadian's will lose jobs?

TheTortuga



To: robnhood who wrote (17686)9/20/2007 1:02:20 AM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 25575
 
Robin. From the report which everyone should look at...

Currently the fair share for oil sands is 47% to the government (euphemistically put as Albertans) and 53% to the operator. Proposed fair share is 64% government 36% oil company...

albertaroyaltyreview.ca

not a business for me... but those are the sensational numbers there is more meat inside where some things 'may' mitigate the effects..

Example: see page 10

blackie



To: robnhood who wrote (17686)9/20/2007 5:59:20 AM
From: Bearcatbob  Read Replies (2) | Respond to of 25575
 
It is all about risk. Don Coxe repeatedly talks about buying reserves in the ground in politically stable environments. It will be interesting to hear his comments this week.