More forward thinking
posted on
Aug 10, 2011 05:34PM
Thanks everyone for sharing your thoughts about CLLs jv options. Wonder what Jurek thinks ...
Really hard to guess what a realistic jv would be, that is also acceptable to DG. But going forward as they say, this is a producing company with real assets and improving balance sheet. Don't get me wrong, I'm no pumper it's made me poorer not richer, but at $0.78 I have to believe that it's worth twice thtat amount and is now a good investment.
I recall someone posting somewhere that if you wanted to get into the oilsands production business it would cost you at least 2 billion. Here's hoping for a $2.00 p/s buyout.