Thursday, December 07, 2006 6:26:35 PM
of the oil sands in TX. It is said they rival
those in Canada. That is speculative of course.
I lived through the precious oil shale speculation years
ago. The problem was we didn't have the technology to make
the process viable and there were issues of environmental
impact. New technologies are changing how oil shale is
perceived as an asset.
Imo, FPPL positioned itself well to take advantage of the
situation and that is what provides the upside & value in it.
The leases Fppl holds are not merely oil shale either or
so it appeared when I researched them some time ago when
I first got involved with it.
It's definitely a fun stock to play, imo.
Some consider calling it bottom feeding like this is a bad
thing. If buy low and sell high is bottom feeding, then
there's no shame in bottom feeding whatsoever, imo
My opinion is just that, my opinion.
So make no investment decisions based on my opinion.
#board-9931
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