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To: Rocket Red who wrote (62948)1/21/2009 2:52:12 AM
From: marcos  Read Replies (1) | Respond to of 78426
 
su.to - if you lay the edge of an envelope along the nov-dec bottoms it projects to 25ish now, that was clearly broken today ... the march [or april?] WTI contract is trading now, don't know how Brent is doing, it may be more representative, we'll see how they go ... but it doesn't look good, with all the banker crap, think maybe double bottom for Suncor, even a new low, who knows

Kootenay is not volatile, fairly illiquid much of the time, its holders like it and keep it mostly ... but it pretty clearly merits a move up one of these days, got the best of management with a business plan and properties situation they've set up, trading at cash level now, that's ridiculous ... 15m in treasury, 37m outstanding, warrants all way OTM, cash 0.405/sh