Re: Q1 between the headlines
posted on
May 13, 2008 06:45PM
I think you are looking short term on this, you are intitled to your opinion and you can buy and sell shares as you like, but the high oil prices are adding lots of cash, I believe they are also producing more bitumen then expected, since they are not saying anything past the graph it is only a guess. Luke may have been a little costly but it is paying off now, conventional oil is paying off. Refinery paid off well but is struggling a bit now, don't throw the baby out with the bath water. PDP wasn't mentioned but it is what it is, something you want to hold because of its potential. Marten Creek is also paying off. Algar approval is needed so the comfort money can start being put to use. The drop in SP might continue a bit but it has happened before. I do appreciate all your info as it gives me another way of looking at things.