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Bullboard - Stock Discussion Forum Strata Power Corp SPOWF

Strata Power Corporation is a Canada-based company engaged in the acquisition, exploration and development of heavy oil projects in the Peace River oil sands region in Northern Alberta, Canada (the Peace River Properties). The Peace River Properties are located in the Peace River oil sands region in Alberta approximately 40 to 50 kilometers away from the town of Peace River. The Company has a... see more

OTCPK:SPOWF - Post Discussion

Strata Power Corp > SOIGF oil reserves
View:
Post by thmenudier on Apr 05, 2006 7:16pm

SOIGF oil reserves

Anyone can tell by reading their web site how much oil they control ? They are not clear at all.why ?
Comment by siempre33 on Apr 06, 2006 1:01pm
what makes you think anyone knows? what they/we own is prime Peace Arch oilsands prospective real estate...think I said that before.... a GREAT speculation! imo....
Comment by Wuggy on Apr 13, 2006 12:42am
I haven't seen any reason to change my previous assessment: "The website (stratoil dot com) says that they don't know if they'll ever see one barrel! IMO, the more realistic explanation is that they're waiting for a buyer to flip their lease. I don't see how shareholder value is measurable under the present circumstances." People are grabbing shares in the off ...more  
Comment by Wuggy on Apr 13, 2006 12:52am
Ooops. That darn Post link got in the way of my mouse pointer. Carrying on, I think all the oilsands plays will be good to hold this summer if the SEC revaluation looks favorable and the ME heats up again. As Doug Casey says, "When the wind blows hard enough, even a turkey will fly."
Comment by mactrader on Apr 13, 2006 1:07am
The problem is that the stock is going up & should not be sold until it stops. The market thinks the oil is there.
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