RE:Nice rallyWell buy some copper miners then to hedge it , the grid can handle about 5% EV my guess, places are all ready warning people not to charge or do it at night, Oil is going nowhere before it runs out 40 to 50 years Oil sands will be the last standing Oil and the last barrles will be worth MINT
justmymoney wrote: I don't know who to believe, I know that ATH tar sand has always been looked down upon because it destroys ground whereas pumping out of the ground is far more efficient and cheaper with no real damage to the ground. And the whole 100-year reserve is great but in reality, when oil is no longer in demand because of electric cars and when oil does go down to dollars in 30 years oil companies like ATH will be eliminated first because of the cost of production, and the environment Canada Government hates tar sands along with the Native Indians. If Oil goes below $50 ATH is toast even with $60 ATH would struggle and fall off the radar. Pumping out of the ground is preferred but for now, ATH is making money so let's see where this goes as far as Eric Nuttall has been pumping ATH for years but in reality just look at the chart before BNN and last I heard he held over 50Mil shares to unload because that's the only reason we buy shares. It's the market, buy on rumor sell on Q4.