seaghost i think you're right. management seems very capable with this company. i like the transparency on their website. they are more or less saying "here's the business, pictures, data, and all." they also seem to be taking their fiduciary relationship with shareholders seriously with regard to news updates. that speaks volumes.
i could go on: although i've no idea how it will impact the bottom line, the wood portal angle is also reassuring, in that they've got more than one iron in the fire. they are aiming to be a resources company and i love that.
IMO, baby oil co's are quite popular now for a very specific reason: if venezuela and the middle east decide to sell their oil to china instead of the US we'll be paying top dollar for every single barrel of US and canadian oil we can scare up. hence the oil sands are hot up north, and reserves on this side of the border are even hotter.
good luck to you!