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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Brian Sullivan who wrote (46935)	3/8/2012 5:08:09 PM
From: E_K_S	Read Replies (2) \| Respond to of 78470

Hi Brian - SU Suncor Energy is another good one. This was discussed up thread around 12/2011 and was my first Buy into the Canadian Oil Sands. Paul Senior posted this article ( Message 27799398 ) where Charlie Maxwell a well known value investor talks about the Canadian Oil Sand properties. advisoranalyst.com You can follow the discussion of the thread at that time between SU and COSWF.pk. At the time I believe SU was just below $30.00/share. I started to accumulate my position in SU at that price and COSWF.pk was selling at $20.00/share. Bottom line, COSWF.pk has not moved as much as SU. I like SU better especially around $30.00/share because it seems to have more transparency & liquidity selling on the NYSE. COSWF.pk is a good one to hold in the IRA as their dividends are exempt from the foreign tax 15% withholding. I pretty much gave up on my PBR shares and cashed those in to buy positions in SU and COSWF.pk. So far it has turned out to be a good move. I will continue to add to my SU position at prices $30.00/share or lower. Also, once they get the Keystone pipeline built, much of the light, sweet synthetic crude oil can be transported into the U.S. for refining and distribution/export. This should be a long term positive for COSWF.pk as pointed out in the SeekingAlpha article I posted. Both Paul and Clownbuck provided some compelling arguments to own SU and/or COSWF.pk. I ended up buying both. EKS