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Alias Born 03/05/2006

Re: None

Tuesday, 12/19/2006 9:23:26 AM

Tuesday, December 19, 2006 9:23:26 AM

Post# of 82
Spoke with a man at Flour. UTS could be short on development money and hence UTS could in turn become a buy out target. All is proceeding well with the engineering and the RFP packages are out. Petro-Canada considers the Capital Expendature to be small in respect to the 40 year life the project will have. The break even point is still $28 per barrel tied to WTI price. Tits-Up for a 2011 score with this one.

“I got a great deal on some French WW2 army surplus guns. Never used and only dropped once...”

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