Q&A with Marcel Coutu, CEO of Canadian Oil Sands Trust [View article]
Redbaron, I like (and have) COS as well. It is a very well run company. Over the past few years it has paid off most of its debt and increased dividends substantially. Kurt Wulff accurately predicated the many dividend increases that have occured since 2005.
Canada is (and will remain) the leader in oil sands technology thanks to Hugo Chavez. Billions of dollars from multinational oil companies are flowing into Alberta to develop the oil sands. Chavez really screwed it up when he kicked out the mutlinationals. Venezuela will soon be on the same path as Mexico in regards to conventional oil depletion and will be powerless to develop its own oil sands, since this requires hugh CAPEX and no one will invest a cent in Venezuala after Chavez took over multinational assets in recent times.
Canada offers great returns on oil investment and political stability.
-
Redbaron,
Jun 27 09:43 am
|Rating:
0
-1
All Comments by longoil »Q&A with Marcel Coutu, CEO of Canadian Oil Sands Trust [View article]
I like (and have) COS as well. It is a very well run company. Over the past few years it has paid off most of its debt and increased dividends substantially. Kurt Wulff accurately predicated the many dividend increases that have occured since 2005.
Canada is (and will remain) the leader in oil sands technology thanks to Hugo Chavez.
Billions of dollars from multinational oil companies are flowing into Alberta to develop the oil sands. Chavez really screwed it up when he kicked out the mutlinationals. Venezuela will soon be on the same path as Mexico in regards to conventional oil depletion and will be powerless to develop its own oil sands, since this requires hugh CAPEX and no one will invest a cent in Venezuala after Chavez took over multinational assets in recent times.
Canada offers great returns on oil investment and political stability.