Quote:
Originally Posted by heep223
Like I've been saying, the market has been very short sighted on this. We could easily be in a significant supply shortage in as short as 6 months
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That's always been my take on this crash/OPEC increase/shale/etc. We're going to see much larger and more rapid swings in the foreseeable future, IMO.
Quote:
Originally Posted by stampsx2
Problem is this is all speculation among over-zealous investors at the moment. Quick market reaction.
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Isn't that pretty much the crux of the market at any given time? Stocks will bounce 50% on the chance that maybe something might potentially happen some time sooner or later.
Quote:
Originally Posted by nik-
Once the mining operations are done, their poster child for the "terror" of the Oil Sands will be gone. Until then, we're an easy target.
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Not a chance. A large portion of Alberta doesn't know the difference between SAGD and open pit mining (look at any story on the oil sands in the Herald, and chances are they either have a picture of a refinery or mine when the article is about a SAGD operation).
Mines could be dead and gone for 20 years and that's still the image oil sands will conjure in the minds of the general public.