|By: jimymac $$$|
28 Jun 2002, 12:43 PM EDT Msg. 13567 of 13568
(This msg. is a reply to 13565 by Birchrunner.)
Thanks for stopping by. As you could tell I was working hard but having fun. I think we will have a beverage sooner rather than later. Those lab rats are great guys and talented top down. IMO they are going to provide a lot of shareholder value in the days, weeks, months and years to come. Three AGM's in a row and I can't begin to tell you the value of that.
The short answer to Ft. McMurray, VIP Syncrude tour, Aggregate DD, and a small, very small property tour (when considering the amount of acres Birch has), would be that V.P Don Dabbs and his thirty (sorry Don)years of affiliations with the Oil Sands principals, executives, and governmental permitting agencies has built a reputation that almost stands alone. I saw first hand the friendship and respect accorded him by a very senior Syncrude executive.
We have aggregate, almost a monopoly of it, because of our location to the Oil Sands projects, and it is in extremely short supply that without it, it either shuts hundreds of millions of dollars in projects off, or the costs get exorbitant primarily because of haul costs. They need it to the tune of millions of tons a year, so say the projections. One way or another Birch will be in the aggregate business and the stockholders will benefit. Glen De Paoli armed with all his degrees and experience met with some aggregate people and for that we are in very capable hands. This IMO put a floor under this stock.
With respect to the precious metals issue and this still hasn't been proven, IMO Birch will demonstrate economics and extraction. JV's with the Oil Sands operators if the if's are demonstrated then they must, as any economic additions would reduce the very high costs of doing business.
No question about it, I had fun and business with quality people, gained a lot of knowledge, and saw how these puzzles are being put in place.
PS Those Calgarian Grannies are sure some riotious bit***s (g)