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Re: langostino post# 338339

Monday, 12/27/2004 11:19:05 AM

Monday, December 27, 2004 11:19:05 AM

Post# of 704041
http://www.opticanada.com/optiFlash.php

One Canadian oil sand pure play.
Their chief risks are construction cost overruns, Site labor heavily unionized. last couple of oil sand projects were 200-300% overbudget.

But like Zeev said before, current technology make oil sand economically feasible if prices are projected for mid 20s and construction are within budgets.


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