RE:Governance"promote initiatives that should improve reliability of production, reduce operating costs and optimize capital expenditures" Did or could the board member provide any specifics? If there are no specifics of value, then the staff and board do nothing more than the person at a bank trust department dealing with the cash flows of an energy trust. And then their compensation has nothing to do with other oil and gas companies. ……………………………………….
If we put NAMSOC in charge of finances, got rid of the board and the PR department, and hired a bank trust department to deal with the mechanics of the cash flow, would we be better off? …………………………………………
If we made compensation depend only on the stock performance relative to other oil sands companies, would we be better off?.............................................................................................................................................................
If SU or IMO bought out COS, would they have effective control? And would Syncrude do better? Why not turn Syncrude into a listed corporation, and give us the shares as well as the other holders. …………………………………………………………….
Are we being overly optimistic about COS? I hope not. But most comments on this site have an optimistic bias. COS is going to 27………. Articles predicting oil prices going up…………. Scenarios showing upside to SCO, although giving the reader room to create the downside.