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DFRAI

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DFRAI

Re: DewDiligence post# 1239

Friday, 07/09/2010 9:47:46 AM

Friday, July 09, 2010 9:47:46 AM

Post# of 29398
Canadial oil play

Very large resource on the cusp of becoming a player - BQI - very risky.

By recent metrics of oil sands transaction it should be worth 5-6 dollars instead its 60 cents.
Waxman is a little man with no vision - why let him stop your investments - like it or not - that oil will be sold somewhere.

deep oil represents 30% of consumption - there are no other resources to replace this - prices higher over long term and oil sands will get developed
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