Article in todays' paper re oil sands in Canada & how they r the new Saudia Arabia of oil fields. They r now viable due to the current oil price and the region is starting to draw some big monied interest. The issue is that the current technologies allow them to access only about 10%. Also the current extraction costs are quite expensive.
Can u guys help out as to whether or not APG could process these sands.?
If they can well FERGUS will have to change his valuation significantly & instead of Chinese for lunch this year EARNIE might change the menu to Canadian salmon.
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held