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

To: Tommaso who wrote (102287)	6/7/2008 4:21:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 206110

Quote from a post: "Since going public June 1996 CO'u.t (can't find a symbol that works on DialData or PC Quote, can you?) has increased from c$14 to c$20." Message 604223 That's before the 5/1 split, so it went public at $2.80 (Canadian) or about $1.65 USD. Now worth about $50 in either currency. Could double again on $200 crude. Current payout is $4.00 per year. So any US investor who got in at the earliest has seen his increase 30-fold and would be collecting more than twice the original investment each year in income. I don't know of anyone who did that, however. Also, all along the way there have been people giving frantic advice to get out.

To: Tommaso who wrote (102287)	6/7/2008 5:09:17 PM
From: Aggie	Read Replies (3) \| Respond to of 206110

Tommaso, A barrel of crude does not yield a barrel of gasoline or any other finished product. The quote below should help clarify: First, the amount of gasoline produced from a barrel of oil can be controlled within certain ranges, and is done so to meet market demands. About 70-74% of a typical barrel of oil is converted into gasoline, heating oil, and diesel fuel. In winter, refineries produce more heating oil, whereas in summer they produce more gasoline. About 24 gallons of gasoline is typically produced from a light sweet (no sulfur) crude oil, whereas sulfur containing heavy crudes produce less gasoline. Typically, the gasoline refining process is about 80% energy efficient. In other words, the energy equivalent of 1 gallon of gasoline is needed to produce 4 gallons of gasoline. The energy needed doesn't have to come from gasoline, but can come from other sources. In practice, it is the lighter hydrocarbons produced in the refinery process that are burned to provide the energy needed for distillation and other refining processes. Aggie