Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (147498)	2/20/2009 5:54:29 PM
From: Sven_Lorenz	3 Recommendations Read Replies (2) \| Respond to of 313051

Hi Guys, new to this board but not to AOS and STP. Been in and out of STP a few times and currently out and have been in AOS since the Platform Resource days. Bought in first at 29 cents when they were PFM and held all the way up to $2 plus adding all the way up and most of the way back down again (LOL). Still buying AOS, I will soon have a seat on the board the way I am going. Anyway the reasons I see that make AOS the better bet are the number of share, AOS is something like 79 million and STP are around 97 million with the ROH deal pending to add a shed load more, the Market cap of AOS 9 million with over 10 million in cash versus STP cap of 16.5 million. Both appear to have many potentially commercially viable production opportunities with AOS having what I see to be the crown jewel at Fort Mac with O/S thicknesses up to 50 metres. This alone is a huge project that one day will be producing 30, 0000 Barrels per day alone. I believe that the new 1000 BPD operation that North Peace are bringing online is on land this thicknesses around 10 to 15 metres so 40 to 50 metres is huge. I don’t think that any of STPs land as this kind of thickness so AOS would seem to have a unique play at Fort Mac. Both companies have completed the final drilling that they need to do to put together a project plan for approval this year to be producing around 2000 BPD next year when oil will be even more scarce than it is today and hopefully the world will have woken up to the fact that this is the last great un-tapped safe oil deposit outside the Artic and any opposition will have faded away allowing the price to improve and investment to flood into the area. As RocketRed says both have cash to survive through this downturn and their timeline is largely un-affected because they are in the planning stage rather than the financing, construction or worse still loss making production. AOS cut short their drilling at Fort Mac as they had what they needed to put their project together and have taken the bold step of moving the drill rigs to an un-named third parties land to drill on what could become a 50/50 natural gas joint venture in the Hamburg area which in theory could provide the financing of around $15 million that will be needed for the construction of the 2000 BPD pilot plant at Fort Mac. Apparently the first hole of 7 should have been completed by today so fingers crossed for news from that next week. Sven