Canadian Oil Sands Ltd. (fka COSWF)

[OilStockReport]

Will it bounce back anytime soon?

[OilStockReport]

COSWF is looking good at the moment, how long will it last?

[OilStockReport]

Oh yes not a new concept by any means but when oil prices dropped it put a lot of oil sands out of favor but now with $100+ prices it is creating a demand again.

[mighty mouse]

I've known about the oil sands for years. I agree about oil going higher and higher. Now you really got my interest going in this stock. GLTY

[OilStockReport]

Operations summary for your DD:

Strength at Canadian Oil Sands centres on the assets of Syncrude. Syncrude is a leader in Canada’s oil sands industry, with a productive capacity equal to more than 15 per cent of Canada’s energy requirements. With more than 30 years of operating experience in the oil sands, Syncrude’s production has surpassed 2 billion barrels of light, sweet, synthetic crude oil that is sold to refineries across North America. The Syncrude facility is operated by over 5,500 employees, and is home to the industry’s first and only dedicated research and development centre.

[OilStockReport]

Yes this chart has been treating many of us shareholders very well. Watch for 1st quarter numbers and continued developments to drive more speculators in.

[OilStockReport]

What is important to remember with oil sands stocks is the higher the price of oil the more economical it becomes which also fuels investor interest. The resources are amazing for the large acreage holders and this will translate into solid return as oil holds over $100 and begins its steady climb.

[mighty mouse]

By the way the chart looks interesting:

http://stockcharts.com/h-sc/ui?s=COSWF

[mighty mouse]

Very interesting to say the least. Might put a few eggs into this basket. I'll have to do a little more DD on this one. GLTY

[OilStockReport]

Thoughts on the future?

Favor Canadian Oil Sands on Price Blowout, End Buy on Canadian Natural Resources
March 28, 2011

A widening of the price difference between Syncrude and West Texas Intermediate (WTI) to $12 a barrel, which, when added to $105 for the benchmark WTI, magnifies the price of Syncrude to $117, a boon for buy-recommended Canadian Oil Sands (COSWF.PK) . Cash flow for the Syncrude producer is multiplied further by better than expected volume for the past three months.

While upgraded oil, such as Syncrude, is becoming relatively more valuable, the price difference between raw oil sands (bitumen) and WTI is widening in the other direction to more than $30 a barrel less than WTI. Canadian Natural Resources (CNQ) is doubly impacted as its resources are primarily heavy oil that is priced closer to bitumen and its new plant to upgrade bitumen to synthetic crude oil will be idle for most of the year due to an unfortunate fire in January.

That less favorable turn of events, along with our desire to rebalance our number of buy recommendations of large cap Canadian producers to five from six, prompts an end to our buy on CNQ. Though volumes are down for now, CNQ will still generate strong cash flow . COSWF has the lower McDep Ratio at 0.67 and both stocks are in a price uptrend. Crude oil price is also in an uptrend with the current quote of $104 a barrel for the next six years above the rising 40-week average of $89.

[mighty mouse]

With the price of oil going higher this one looks good. EOM