IVAN Article from Fort McMurray Alberta

Investment in Stocks - Forum for sharing info about stocks and options. 

  Yahoo!   Google   Windows Live   del.icio.us   digg   Netscape

Subject Author Date IVAN Article from Fort McMurray Alberta Buff-Meister \"BUFFETTHATER\" 07-17-2008  Re: IVAN Article from Fort McMurray Alberta =?ISO-8859-1?Q?... 07-17-2008  Re: IVAN Article from Fort McMurray Alberta Buff-Meister \"... 07-17-2008
Posted by Buff-Meister \"BUFFETTHATER\" on July 17, 2008, 8:54 am http://www.fortmcmurraytoday.com/Local%20News/411268.html NB: Looks like 2 leases sold to IVAN are not fully tested, unperm'd and passed over by the by the majors. Having bought this "Cat In A Bag" tar sands lease, the company immediately wants to increase reserves so its valuation can be 'marked up". Be careful and i would sell into any resulting 'rally'. In a related BNN.CA article, oil sands activity has dried up due to project cost extreme over runs. The coming canadian car= bon tax is expected to expand costs to tar sands producers. NBB: IVAN just returned from the middle east with no orders but a 'lot of interest". DISCLOSURE: AT THE TIME OF WRITING I AM NEITHER LONG NOR SHORT THIS ISSUE, HOWEVER, THIS CAN AND WILL CHANGE WITH MARKET CONDITIONS. Posted by =?ISO-8859-1?Q?-DirtBag=A9?= on July 17, 2008, 9:47 am Buff-Meister "BUFFETTHATER" wrote: > http://www.fortmcmurraytoday.com/Local%20News/411268.html > > NB: Looks like 2 leases sold to IVAN are not fully tested, unperm'd > and passed over by the > by the majors. Having bought this "Cat In A Bag" tar sands > lease, the company immediately wants to increase reserves > so its valuation can be 'marked up". Be careful and i would > sell into any resulting 'rally'. > In a related BNN.CA article, oil sands activity has dried up due > to project cost extreme over runs. The coming canadian car= > bon tax is expected to expand costs to tar sands producers. > > NBB: IVAN just returned from the middle east with no orders > but a 'lot of interest". > > DISCLOSURE: AT THE TIME OF WRITING I AM NEITHER > LONG NOR SHORT THIS ISSUE, HOWEVER, THIS CAN AND > WILL CHANGE WITH MARKET CONDITIONS. I didnt get the negitive feeling you did in reading this article and I am not sure why... On the contrary.. They (IVAN) seem quite satisfied with the site and location. The location lends well to the gravity separation needs of the process. I am running with it.. Not a huge investment but I am sticking with what I have there... Check out TNB if you get a moment. A Wind Power play. It may interest you some. Posted by Buff-Meister \"BUFFETTHATER\" on July 17, 2008, 8:15 pm Naw, don't tell me you bought GCOG instead of GOOG and now depend on that for a retire't ! Good luck, will back off shorting ivan for now as expect them to 'release' something to comp the downturn in oil. Made good money on the shortside but time to back off. Similar Threads Posted IVAN January 17, 2006, 9:12 am IVAN October 10, 2007, 6:05 pm IVAN The Next Jed Oil ???? June 18, 2008, 10:44 am IVAN +11% June 18, 2008, 2:49 pm More About IVAN July 9, 2008, 9:13 pm How HTL and IVAN started December 14, 2007, 5:47 pm IVAN should pop today May 29, 2008, 8:47 am Re: IVAN - on fire today January 3, 2006, 2:44 pm Re Shorted IVAN @3.95 25K shares June 19, 2008, 1:58 pm useful article April 20, 2008, 2:01 pm