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Friday, November 2, 2012

Another Data Point Coming to Value Canadian Oil Sands

My latest Seeking Alpha article:

I'm not one to jump to any drastic conclusions, but I will suggest that if Canadian Oil Sands interest in Syncrude was worth $38 when oil was at $70, then it likely hasn't decreased from there subsequently. If you were so bold as to think that the value of Syncrude has increased along with the price of oil then you could conclude that Canadian Oil Sands is worth more than $40 per share or almost twice the current share price.

Link to article: http://seekingalpha.com/article/972411-another-data-point-in-determining-what-canadian-oil-sands-is-worth?v=1351861360&source=tracking_notify

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