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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (93006)	11/2/2007 1:57:40 PM
From: Tommaso	Read Replies (1) \| Respond to of 206325

I have to stick with what I know best, and that is Canadian Oil Sands Trust. COSWF pink sheets, COS.UN Toronto. Curiously, I just sent a PM to David Culver, who first discussed this trust five or more years ago. I originally bought it for my IRA and paid about $24 (presplit 5-1) a share, giving it an original purchase basis of $4.80. After a while I took it out of my IRA and paid taxes on it. At that point it had a basis 50% higher. It now trades at eight times my purchase price and pays a distribution equal to 50% of the purchase price. Despite all this appreciation, I think it will continue to increase production and profits. I just bought another big block in my IRA when I realized that an increase in distribution was probably in the offing. I have been severely criticized on the oil sands thread for my continual recommending of COS.UN and was banned some time back from that thread because I said here that I thought it had been overrun by ignorant speculators. You may, however, learn about other oil sands stocks there. One new factor is the intent of the Alberta government to make large increases in the royalties they take from such projects. COS.UN is supposed to have a contract running to 2015, but Alberta wants to break the contract. Even with increased royalties, COS.UN ought to repay investment. Some of us would not be surprised to see an attempted preemptive buyout of the whole syncrude project by Exxon, though I do not know if that is legally possible. Another possibility at some point might be nationalization of the tar sands by Canada. cos-trust.com

To: GST who wrote (93006)	11/2/2007 3:29:26 PM
From: maverick61	Read Replies (1) \| Respond to of 206325

I do not have any investments in Canadian Tar Sands -- but I am interested in considering this seriously. What would should an Tarsands neophyte look at for long term growth? TIA. GST - there are lots of options out there. Do not be mislead into believing there is only one good choice. It really depends on what your risk tolerance is. The major players in the sandbox are SU, CNQ and COSWF. Pull up charts of them the last few years and you can see for yourself how well they have down. At the same time, no sandbox investor IMo should be without some spec money in the juniors. PBG, CLL, NPE are three of the juniors I hold in addition to the major players I noted. PBG has probably been one of the best performing oil sands stock the last several years even though some some foolishly dismissed it as speculative. there are a number of recent upgrades out on PBG as their patented THAI technology seems to be gaining traction. Finally, a few canroys like PWE and BTE have some sandbox exposure- so you can enjoy some exposure to the sector while still pulling down decent monthly dividends. Do check in on the Oil Sands thread here on Si - its a tremendous source of info on oil sands investments good luck