InvestorsHub Logo
Followers 36
Posts 1777
Boards Moderated 0
Alias Born 12/30/2004

Re: None

Tuesday, 02/19/2008 7:19:52 AM

Tuesday, February 19, 2008 7:19:52 AM

Post# of 17740
STP.V and AOS.V Oil Sands?

I own quite a bit of AOS and no STP at the moment. The valuation of the oil sand reserves of both companies is currently a few pennies per barrel. Can anyone help me rationalize these low valuations? With oil near $100 it seems like the Don Coxe "reserves in the ground, in safe parts of the world" theory would attract more interest here.

My gut says these 2 stocks are going to run hard very soon.

Kipp

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.