RE:RE:RE:CVE my top pick right now - my thesisYou forgot excessive punctuation. At least the colour scheme has dimmed.
Hard not to do well at these commidty prices especially with no hedges in place.
Looking forward to Q2 ER.
GLTA
Margin321 wrote:
I think you entirely agree with my thesis, only in capital letters with extensive BOLDING.
Cost of continuously drilling more and more shaee wells with mile long horizontals uses many times the steel of modest maintence programs at Cristina Lake and Foster Lake. Those assets produce at high levels for decades, not for first year.
SAGD sites are long life, low decline, best in class. Very capital efficient.
Refineries are gold mines.
NG is extremely profitable and having their own is a good thing instead of having to buy it from others. Any cost pressures on steam generation raise profits on internal gas sales.
Thanks for the PRECISE stating of my thesis.