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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Findit who wrote (175271)6/17/2008 11:30:15 AM
From: lexi2004  Respond to of 208838
 
BQI...Jim, you are more than welcome. You have given all of us many good heads up over the years. Appreciate your tips and your friendship. Now...let's make money! LOL
Actually, I thought BQI might even do a pullback today after the move and all the volume, but with the way this thing looks I'm of the belief there are some very serious investors in it. Yes, know there are many traders, but with much of what we've been reading and hearing think this one could really do right by us. Wish Jane was still around, she said well over a year ago that this was one to buy and hold.

Lexi



To: Findit who wrote (175271)6/17/2008 2:11:10 PM
From: Connor26  Respond to of 208838
 
BQI still strong at 5.81 and high of day

if for some reason this one comes down, it will come down hard imo

but something seems up - nothing able to knock it down so far



To: Findit who wrote (175271)6/17/2008 2:54:17 PM
From: Jo Ellen T  Read Replies (1) | Respond to of 208838
 
Jim, are you still watching CADM (the old CRDM)? Up nicely the last couple of days.

:) JE



To: Findit who wrote (175271)6/18/2008 3:35:20 PM
From: lexi2004  Respond to of 208838
 
I don't know anything about the author of this oil report; however, I surely like what he's saying...:)

The S&A Oil Report

June 18, 2008

Update: Oilsands Quest
Oilsands Quest (AMEX: BQI), our Saskatchewan oil sand company, gained 13% on Friday, June 13. It climbed straight past our "buy up to" price and never looked back.
I reviewed the company in the most recent S&A Oil Report, and I'm more impressed with it now than when I first recommended it in March.
Roughly 100 companies own a little more than 30,000 square miles of Alberta oil sands. Doing a quick calculation suggests each company holds, on average, about 300 square miles or 1% of the total. But, of course, that fails to account for the large tracts held by companies, like Suncor and Syncrude, which dominate the total area. So really, most of those 100 companies hold much less than 300 square miles.
At the same time, that land is increasingly valuable. Companies are willing to squabble over the seemingly small patches they own.
For instance, Ivanhoe Energy, a newcomer to the tar sands, bought about 37 square miles of leases from Talisman Energy for a whopping $105 million. That works out to $2.8 million per square mile of undeveloped tar sand leases.
Oilsands Quest owns about 1,200 square miles of tar sands – much, much more than the typical oil sands company.
On top of that, if we use the Ivanhoe/Talisman deal as a benchmark, Oilsands Quest is worth about $3.2 billion. That value is 163% higher than its current price.
With that in mind, we can comfortably raise our upper buying limit to $6.15 per share. We are up 48% on the position already, and I still see the potential for us to double our money from here.
Good investing,
Matt Badiali
Message 24686210