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

To: kidl who wrote (161887)	6/1/2009 5:22:45 PM
From: marcos	Respond to of 313036

iae.v - they're pumping 7850 bpd, and cashing that up no doubt, think Brent is in the mid-60s at the moment but let's use 60, that's usd471k/day, cad514k ... declines, right, so make it cad450k/day sustained, that's cash, every day, sundays included Cash concerns are always there, with anything, but it's a relative thing, how does one look compared to the other ... the little oilsands juniors have done well from february to here, none of them had enough cash to do major expansion either, none have it now ... a couple look like maybe they're about to raise some, npe.v and stp.v? - as [the other] CC points out on Taikun's thread this morning Beyond delaying major expansion until they've got more cash in hand, whether from sales or from financing, do you see cause for concern?