That was a good overall opinion .Your banking on low cost and oil remaining where it is now. Heavy oil is something that will become cheaper to process overtime since the bulk of N.A. on -shore reserves are in Bitumen and Heavy .Chinese Oil giants are swarming around the Tar sands like bees around a hive.Daybreak made a good choice for long term investors so long as we stay awake. I recently read how the Saudi's are now saying 85/b oil is going to be their new low.I don't remember the exact phrase they used but essentially 85/b is as cheap as they will sell it (break even) I know,nobody here will agree with that but we all have to remember ,their oil output is directly linked to their lifestyle.Free education and generally a lot of luxuries that only corporate America enjoy (on average). They have become so dependent on Oil that they need us and the east to keep buying it ,yet also need a high price(comparatively to days gone), to sustain the political and general social unrest that could result if their revenues are decreased.For these reasons ,it amazes me that solid little oil producers with a huge upside are not being bought up as we speak.The news is out! Oil is not ever going back to <85/b and if it does, it,s speculators temporarily manipulating the commodity ,all the time giving themselves buying opportunities on producers in stable area's like "CALIFORNIA". I think DBRM is well positioned for a big move this year,simply on ,how the world of energy is and why it will stay much the same as it is now, into the foreseeable future.85-100/bo
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