GREY:CLLZF - Post by User
Comment by
Sparkletoothon Aug 11, 2007 2:27am
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Post# 13231996
RE: Important Questions are not that important
RE: Important Questions are not that importantThe questions are important and the numbers don't lie. The market cap looks too high for current production and/or places too high a present value on reserves which will cost too much to develop relative to their size. There should be a very significant discount to conventional plays with similar reserves but there isn't, not yet.
So I think the assets here remain mispriced to the upside. All of the fizz has not yet bubbled off of the oil sands plays imo fwiw=wypfi...