NYSEAM:BQI - Post by User
Comment by
Canonballon Sep 21, 2008 1:41pm
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Post# 15473300
RE: Costs costs costs
RE: Costs costs coststriggerrogers...your very new to these boards so I am going to cut you some slack here ...do some real research you think that the absence of a overlying layer is a problem???
Take a look at OPC there method is struggling to work and it does have the required layer... it will likely improve( not bashing OPC) but ALL these NON open pit methods are experimental and developing ...Petro Bank seems to have a great method that would work wonderfully for BQI...or they will come up with some new better cheaper method.
Good old open pit method Suncor and others have in real term reduced their cost through better and better methods and processes... the only thing driving costs now is manpower and energy. Cost go up and cost can come down... all of these projects are very carefully costed...and you can bet your a@@ that someone who needs reserves will either JV with BQI or buy the whole land package...and that day is coming sooner then many here think.
So triggerrogers what is your bottom line... what are you suggesting people do BUY, SELL, hold it ...got to be one of these right ...so what is it in your opinion...?
My suggestion... is BUY as much as you can as quickly as you can...but hey do your own DD.
October is coming and IRAN is about to get whacked (sooner or later its coming)...buy any oil company NOW.