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Re: AngusYoung post# 1019

Monday, 03/10/2008 11:45:07 AM

Monday, March 10, 2008 11:45:07 AM

Post# of 2321

I use USO (US Oil Fund) to track intrday price of oil.

SOIGF seems to be tracking oil pretty closely at the moment. The 1.17 buys seems to have paused temporarily with a pause in oil.

Agree though that the low pps on these jr oilsands are irrational - way below book value. Just tough to call the gyrations.