Replies to post #1185 on Strata Power Corp. (SPOWF)

[Cagievet]

Firstly, Fenixtx, I have no issues with your input at all. You clearly have read the report(s) and are coming to the board with knowledge. I personally welcome your input. I don't think you have an ax to grind. In calling the company and reading the report, they clearly believe there is no question that the oil can be extracted. I understand your point that it has not yet been done with the exact formation Strata owns, but many things have not been done until the need or strong desire arose. It is not disputable by you or Norwest that they have enough oil on this section of ground that can produce 56,000 barrels a day for 20-25 years.
The price of oil remains above $100 and the need for the limited resource is not going away. The bet I am making is that they will find a way to get it out. They/USA can't not find a way. Cvet

[tsoprano-1]

fenix, let me get this straight. You point out that both Shell and Strata have bitumen in Bluesky and Gething clastic Cretaceous Formations, yet because some is in carbonate formation, they can't get anything. So, are you saying Norwest intentionally misled us? I want to make sure, legally, we have them over the barrel. Since Shell is one of their clients, I guess I just assumed that they know what and where SHELL HAS BEEN SUCCESSFUL, but apparently, you feel that they misled us. Interesting. The major engineering firm in the field has lied in a report, saying NPV of $1.2 billion. That they will get 55,000 barrels a day. That THE MOST LIKELY RECOVERABLE AMOUNT IS 580 MILLION barrels. But, your assertion is they lied. How much do you think that Strata paid them to mislead us? Oh, and Shell? Once you blow this open, of course, Norwest is ruined, so I assume they got plenty. Do you think that was why Strata did the PP, to pay off Norwest. Of course, the other side of the coin is, you are wrong again. That Shell is, and has been, doing extraction of bitumen from carbonate formation and that Norwest, knowing all this, made their report based on this. I hope you guys fill your orders soon, this nonsense has been tiresome. Bitchslapping bashers that only have one wrong argument gets boring. After reading all the links about carbonate extraction, I really thought your bosses would have given you a new script. But, same old tiresome drivel. I will forward your post on to Shell and Norwest in case they care to respond. I assume it will go on the bulletin board with the rest of the cartoons. But, Norwest may take an interest because you seem to be calling them frauds.

T