Replies to post #347 on OIlsands Quest Inc. (BQI)

[seen-the-light]

Not odd at all if you know anything about this company.

The stock was up significantly based on it's future earnings, not past. Speculation of 60 billion barrels of oil tends to make for a good trading day.....and future. ;-)

[tedwitt]

Many companys in the phase of developing a project hit a point where they are spending more each year before they make a profit, it is bell shaped in nature. If you understand what CanWest is doing and not just FireBag East then things become clear. This is a long haul stock. See what happened to UTS over the last 1.5 years and you will get a view of what CanWest is doing to the tune of 15.79 times over in the next 25 years to say nothing of Eagles Nest or the Nova Project. the stock jumped because Canwest said to the public what many of us have known all along. FIREBAG EAST: 5 - 6 upgraders producing 500,000 - 600,000 BBL/d each and CanWest owning 30% to 35% percent of each. See the price of Canadian Oil Sands Trust. They own 39.9% of the Syncrude project producing 220,000 to 250,000 BBL/d of synthetic crude. The trade around $160 CND. Take $160 x 2 = 500,000 BBL/d x 6 projects. This is only FIREBAG EAST. Four of us and the corporation I work for took this stock at between .90 to 1.31 per share. To the tue of several 10's of thousands of shares. We have been researching the oil sands patch since 1999.