have you read the presentation and are you familiar with the company? do you understand that they are a pioneer in a province where there is no extraction yet? they only last year proved that a cap exists to support certain pressure? they ran out of money to start pilot...it does not seem that you know anything about this company. if you would have outlined any facts and why they are bs, maybe i would agree, but you made no such case
they have discovered and undiscovered reserves of aprox 10 billion. Where they are dificient is contingent resources - they have not proved the extraction method so that McDaniels can convert some of their discovered barrels to contingent etc its a long story and yet it could become a cinderella someday (maybe with a different name.
Eagle Nest - has legacy wells drilled - not by company - where "government" estimates they have up to 3 billion = so this is not a scam
Axe Lake - they drilled more than 250 wells - they have up to 2 billion barrels - however no extraction method proven so McDaniel is not giving credit
Wallace Creek and Raven Ridge projects are in the same shoes and they have up to 5 billion. Raven Ridge is next to Cenovus and is located in Saskachewan where no extraction took place yet.
When you talk about Saskachetwan - its all about Oilsands Quest, will see what happens
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