RE: Jennifer Stevenson-Mkt. Call-12:30-on PBGIf you wait until THAI is fully proven to invest in this company, you will miss lots of the gains associated with proving that THAI is working/improving bitumen production. By that time, the stock will be many $dollars higher IMO.
Not a bad strategy for the risk averse I suppose since even after THAI is compltely proven PBG will still be a profitable company and will continue to grow.
Those looking for bigger returns are probably already in the stock or should get in before more THAI wells come on mainstream and further prove its functionality. Risk Reward tradeoff...I think the rewards here considerably outweigh the amount of risk involved, especially in light of how well / how much we know the first 2 well pairs are capable of producing with the only main problem to date being sand handling (nothing to do with the THAI process really, just above ground facilities more or less).
later