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Re: kipp440 post# 43375

Thursday, 05/11/2006 3:44:07 PM

Thursday, May 11, 2006 3:44:07 PM

Post# of 174031
I could respond with the same reply. I should have bought more at 8.50! Still soaring....+2.50 to US$18.75

I could have made a lot more on the cheaper TarSands plays like CLL or Cwpc but this one had nice conventional production and I liked the Thai angle in addition to signficant tarsands acreage in both Canada and Columbia. Safer way to play it with multiple chances for success.

I think the big pop is due to some rumors of a possible buyout. THAI isn't proven yet and Columbia isn't a successful spinoff yet so there is speculation in this stock. BUT if THAI works and they get 10% of gross production as a fee for increasing yield and not having to use ngas and water, then this could be a gigantic cash machine in the future. I can see the mold growing on my shares now.

http://www.petrobank.com/



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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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