RE: RE: RE: what a bargain I completely understand your frustration Trapeze,but your points are not all valid.This stock has not been over a dollar since 2008.I to have stated in the past, that the management is mediocre at best,but I've chosen to look beyond the board of directors and based my investment on the fundamentals.
There is no more land available for lease in the Mcmurray formation oil sands.Beyond the Clearwater project with an estimated 373 million barrels, AOS still holds 3 other leases with a combined land mass of 74 sections.It seems to me that this land could fetch a kings ransom at any moment.This area is really geared for the big players that have already established huge producing operations and have established political ties which reduce the friction of red tape.It is these companys that will show up at the front door with there big pockets if they haven't already or in most likely hood the chinese.Countries all over the world are briskly trying to secure future oil reserves.The beautiful thing about the oil sands is that they know its already there and retrieveing contingent reserves is relatively easy.
I am still hopefull of phase1 approval for AOS, which in most likelyhood should happen,and if it does it will add tremendous value to the company, and the suitors will be lined up with premium offers.
Patience may be key for now , but at any time there will be an unsuspected news release which will open the flood gates of cold hard cash.
Just my soul opinion fellow investors, invest where you may and if you have a winning horse send me a message.