Tuesday, March 25, 2008 12:10:33 AM
Shell and its world class geologists believe oilsands are the companies future. 500 million invested in carbonate leases without reserve estimates prior to purchase. 27 billion committed to a 2 decade refinery project in the oilsands.[chevron 20 percent owner. If only they were sent the wiki link they could have saved their money. And poor foolish Norwest. Their president and chief engineer signs off on a report calculating a npv of 1.2 billion. If only our bashers would spell carbonate and get him a wikipedia link he would correct his error and put 0 as the npv. What about Husky and the ever growing number of companies investing in carbonate bitumen.ARE THEY ALL IGNORANT FOOLS? OR COULD THEY HAVE NON PILOT PROJECT DATA THAT OUR BASHERS DON'T HAVE?WHO DO WE BELIEVE? tHE TOP OILSANDS GEOLOGISTS AND CONSULTANTS OR fellow posters. I would agree that this investment should be viewed as 1-3 years to success.Do your dd. Buy a company not the stock. Day to day price fluctuation means nothing. Weak hands currently being swallowed by more experienced patient investors. Good luck and stay strong.
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