RE:RE:RE:RE:The NDP WIN...daviddo wrote: now the question to ask your self is this. Do you think the NDP will target light oil producers? I personality think from her statements and news articles is there going to target heavy oil producers and frakers. With the oil price going up and the us inventory dropping slowly and rig count dropping and opec claims oil demand is going up also and few other sources. Is COS a good buy? I personally think so and loving the lower price right now going to keep loading up. But like I said we will find out in 6 months and read the review, could be easy $$$$ if light oils untouched.
I wouldn't worry about that right now. The royalty is really the MAJOR issue now! Imagine if they increased it back up to 33%? That is a third of your profit going to the govt! HUGE hit to the bottom line! That is why everyone is in FEAR!