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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (7485)4/12/2009 3:00:30 PM
From: teevee  Read Replies (1) | Respond to of 8273
 
Rail transport is how most of Hurricane Hydrocarbons moved their Kazakstan oil production to China, so yes, rail transport can work-I was an early and very happy share holder of Hurricane Hydrocarbons but unfortunately left many dollars on the table before the Chinese state oil comapany bought Hurricane out......getting back to "sell in May and stay away", that is a general rule to which there may be exceptions. In the event you are not aware, the vote on the CGH-SAX merger is on Tuesday. First, it appears to me that CGH is a good candidate to become the lead horse in the Lundin exploration stable. Second, I believe the merger will go ahead. Third, once it does, CGH will need to do a financing and fourth, I believe the price will move up quickly to around a buck before Lundin spends 15 minutes on the phone lining up a private placement (it is just prudent to finance asap while the price of copper is over $2/lb)......to make a long story short, I won't be surprised if the CGH train leaves the station shortly after Tuesday, April 14.



To: marcos who wrote (7485)4/26/2009 10:18:53 AM
From: Metacomet  Read Replies (2) | Respond to of 8273
 
I had missed the CN piece on rail for the oil sands guys.

Had previously noticed Connachers chart on the possibility, but did not realize that it was actually being seriously considered by the haulers.

connacheroil.com

(see chart 32)

CLL remains a core holding for me as I pretty much agree with all of your resource themes here.