CNBC talking the canadian oil sands

[chinaman711]

CNBC has been talking energy all morning 6am-8am and at 7:50 they did a story on the canadian oil sands. Quote-The real story is the canadian oil sands and the guest went on to talk about how the oil was brought up and who was involved--Shell, SU, many of the major players and a number of smaller players. 1 mil barrels a day coming from the oil sands and next year it will be 2 mil barrels a day and then 3. IMO the canadian oil sands are a great long term investment and they have been nice to trade too. Good luck

[tekbubble]

I agree. A nightly news show did a story on this a week or two ago (frontline? nightline, dateline, 60 mins, one of those).

But what is the best play on this?

[Mad Girl Investor]

It was 60 minutes.
I saw the CNBC story too. It does seem its the next "big" thing in energy.
Yea, Chinaman, give us your thoughts on the "best of breed" of the smaller companys to play.

[chinaman711]

Without a doubt is CWPC a baby SU thats just getting started. Second best DWOG or DOIG both real good imo. Then there comes the penny plays and im loaded with POGI. In other parts of the world i like BSKO and ERHE. Hope this helps good luck.

[Mad Girl Investor]

Thanks, CWPC and ERHE are both looking very nice indeed.

[Surfr4evr]

Just loaded up on more POGI and CWPC as well...hopefully the madman will begin discussing this on the show. Let's just hope he doesn't flipflop too quickly (ie REDF)

[madcowdisease]

SU is the safest play. I've noticed folks in here love the pennies but what you get with SU is the big dog up in Ft. Mac. It's established and has positive cash flow. Something i can't say about many of the smaller guys. It owns two-thirds of the land up there. And what is not to like? You get the best of both words with SU, it's an oil company first, so as the commodity goes up, and it will, the stocks goes up. But what is great about this thing is that it is still growing. And growth in a stock is good, growth in an oil company is great!

Sure it might not double or triple like the smaller ones but it also isn't going out of business anytime soon. This is by far the safest play if your looking for a nice longterm holding. If you wanna speculate and get risky, go with the smaller ones. With SU, you can buy it and come back in 2-3 years to see how you've done. Personally, with the smaller ones you better keep an eye on them and it's best to trade in and out of them for maximum gains. Figured I'd offer the other side of the story so you all don't think the pennies are "sure bets".