NYSEAM:BQI - Post by User
Post by
prairie08sheikon Jan 20, 2011 12:11am
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Post# 17999922
CIC $300 B under management
CIC $300 B under managementi thought it was over 100 B but it turns out they have 300 B under management. They opened a HK office last year and this year 2011 in Toronto, exact date shortly from Reuters, Beijing. Also a story from Canada's National Newspaper, Globe and Mail on this-might have date.
This boades well for resource stocks in Canada.
Now for BQI-believe they are the major land holder on the extension of the oil sands into SK. May be some other players, but not as large. thought I read about PBG having some land there besides their PBN light oil in SE SK and ND.
Now, with oil leases, what time frame do they have to work on them to hold them. BQI had winter drilling going on for some years now.