SI
SI
discoversearch

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 (148639)2/25/2009 1:20:08 PM
From: marcos  Read Replies (1) | Respond to of 313013
 
aos.v - right, they do conventional too ... but the big bucks are in the bitumen, highest leverage because they cost little expense now, aren't going anywhere, and when you back out the kitty from market cap - they're free and gratis -g-

Worth nothing at 40-dollar oil, worth lots at 100+ ... well does anybody think 100 bucks will buy a barrel of oil five years out ... last spring i netted about .40/sh gains in four or five weeks, so there is the feeling that it doesn't owe my anything, still i think good prudent value-logic applies to several of these little oilsands juniors, they will be taken out, it's only a matter of time and how much shareholders get out of each one