einstein p fleet

Investors Jostle over the Oil Sands Prize

I have been an advocate of the CANROYS for quite some time and had large holdings in HTE, which I sold at $9.30, which was close to double my entry price. The real question, however, is whether the Canadian government is willing to sell natural resources to foreign companies and whether the deal will be approved. If so, it's probably the start of of several such deals for all forms of natural resources in both Canada and the United States, which is short-sighted and dangerous.

I own PWE, BTE, PGH, as well as several American oil and natural gas trusts. I also own coal stocks.

While I don't mind making a profit on the pending HTE sale, I'm also anticipating buying the stock back at a lower price if the deal does not get approval.