[Frequitude]

Originally Posted by SebC

http://business.financialpost.com/fp...s-is-that-fair

According to this article, the oil sands have not turned a net profit after royalties. That can't be right... can it?

Ya, this makes sense and shouldn't be concerning. So much investment has happened over the last 10 years which simply hasn't had a chance to pay out yet. These are multi decade projects, many of which only recently started producing.