Seeking Alpha

Mayascribe » Comments » BQI

  • Consolidation Is in the Air [View article]
    Hyper: Above you named four stocks I already own (JAG), (BQI), (TGB) and (IVN).

    A couple weeks ago I posted an Instablog titled "Will Oil Sands Be USA's Trump Card?" In that insta I briefly tell how a Canadian trapper discovered the sands, breakdown how much it costs to create a barrel of sands oil as compared to conventional oils, and list the major players involved.

    One oil sands stock I suggest you take peek at is Tam Oil and Gas (TAMO). It's currently around .67/share, and has recently been moving up as they have been acquiring vast acreage; for instance, in June they bought 270,000 acres in the Peace River Valley of Northwestern Alberta, where an independent analyst estimated that there are 2.33 billion barrels in the first 22,400 examined. With the 400% increase in Tamo's acreage, little known TAMO has become a major player rubbing shoulders with the Suncors, BPs and PetroChinas, and just about every major oil company in the world.

    As oil approaches $100/barrel, oil sands do become profitable--that's why PetroChina just bought 1.6 billion Canadian dollars of sands oil last week.

    Good article.
    Sep 07 14:13 pm |Rating: +1 0 |Link to Comment
More on BQI by Mayascribe
Comments by Ticker
AA, AAPL, ABAT, ABAT.OB, ABB, ABT, ABX, ACPW, ADM, ADMNF.PK, ADP, ADS, ADUS, AEM, AES, AET, AHEXF.PK, AIG, AKCPF.PK, AKH, AKS, ALTH, ALTI, ALTR, ALX, AMAT, AMD, AMED, AMR, AMZN, AONE, APA, APOL, APT, APWR, ASA, ASML, ATLIF.PK, ATPG, AU, AUXVF.PK, AUY, AVARF.PK, AVAV, AVII, AXP, AXPW.OB, BA, BAC, BASFY.PK,
Mayascribe is a
Top 10 Commentor
2053 comments
Rating: 6233 (7616 - 1383 )