Time for Rick George to GO!
I have been a SU holder for 5 years and the appreciation has been fantastic that appreciation however does not seem related to the companies performance but directly correlated to the huge move in oil prices and the sexiness of the Tarsands as an investment. Each month I await the production numbers and each month the numbers disappoint. There is NO FREAKING way they are going to hit the 275,000-300,000 average they have been given lip service to for each of the past 3 years!!!!. They are barely pushing 225,000 thru the first 5 months and that number will probably decline again in June. That means they will have to average 325,000 a month for July-Dec. No freaking way!
Rick George seems to be mister PC and is a CANDYASS when it comes to cracking the whip and taking responsibility for the perpetual shortfall in production. The pitiful dividend and the lack of production increases are a disgrace. The fact that each year he comes out and lies about what they will produce should be justification for riding his arse out of town. I no longer have any confidence in his capablity to deliver production increases and the capital Suncor has continued to piss away without any increases are a terrible joke. He had his day and thanks for the memories but he has lost his game TIME TO FREAKING GO!