RE:Question on AOS leases
Dear FileFish,,,
Yes,,,the 44,000 acres of landlocked bitumen does have long term value. The present appraised value among the Sharks is ,,,Negative 12M + tax loss on a 5 year hold.
NEWSFLASH,,,,The AB Energy Sector is stalled ,,,For the next 30 years?,,,But,,,This is a Great Opportunity for our young (2 year old Investors).
Do the math,,,Our PM,,,P.T.'s Blockage of he EGPL will cost Canadians net 36B a year for the next (who knows how many) years (10+),,,but the upside is,,,he sure looked cool in the news last week on Kitsalano Beach doing yoga with his wife,,,YAY!!!!
However,,,take heart,,,,Notley's AB government has brought in 50 permits from JCP wannabeeeees,,,,under her new royalty scheme,,,,,,YAY!!!!!
And,,,Mr J.T. in Ottawa has given AB the finger,,,, and landlocked Canada's energy resources,,,Just like his Dad,,, PT.
Welcome to the Liberal Party Dream,,,A new 3rd world in Canada,,,,Yay,,,,,
PS: To our dedicated and highly trained young Oil/energy Workers (trades men/women/engineers/technicians) you have my condolences on your impending (Liberal Government) life sentence of servitude.
In the mean time,,,Consider your options,,,,
Your Pal,,,EnergyInv