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To: Findit who wrote (175516)	6/27/2008 5:11:25 PM
From: lexi2004	Respond to of 208838

PRC...Thanks. Feel fortunately to have gotten a nice amount of shares @ 2.16. BQI...Don't think the thing regarding continued losses will be met with favor. Lots of shares going through in after hours. However, I can remember more than once something deemed unfavorable came out with earnings and people sold only for the next day for there to be a positive release. I'm holding for now. Lexi Oilsands Quest FY Loss/Shr 44c Vs Loss 40c >BQILast update: 6/27/2008 4:58:08 PMDOW JONES NEWSWIRES Oilsands Quest Inc. (BQI) on Friday reported a net loss of $98.87 million, or 44 cents a share, for fiscal 2008 ended April 30, widening from a net loss of $68.8 million, or 40 cents a share, for fiscal 2007. The Canadian oil company said in its annual report with the U.S. Securities and Exchange Commission that it expects to continue to incur operating losses and will continue to be dependent on additional equity or debt sales or property joint ventures to fund its activities in the future. Shares of the company closed Friday at $5.94 each, down 18 cents.

To: Findit who wrote (175516)	6/27/2008 5:39:03 PM
From: lexi2004	Respond to of 208838

Think that brief news clip saying loss was bigger for BQI could at first glance look worse until you find out what expenses they had.They're talking about $70 M more spent this year on exploration than last year. So, doesn't sound like they were wasting the money.... Exploration costs for the year ended April 30, 2008 were $96,419,694 (2007 - $26,877,906). Exploration costs in the current year relate to drilling, seismic and environmental work done on our Saskatchewan and Alberta permits. Approximately $27 million was spent on seismic programs and the balance of costs relates to exploration and related environmental monitoring activity of which approximately 75% was spent in Saskatchewan and 25% was spent in Alberta.