Jimbo

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  • The Long Case for Canadian Oil Sands Trust
    There is no doubt that environmental consequences have to be addressed. Don't count on "government" to deal with these issues any better than the evil businessman. The government run TVA was supposed to provide cheap hydropower electricity to the upper South. When the rivers experienced drought, TVA required coal miners to provide fuel at very low cost. The result was stripping away whole mountain tops in Kentucky and West Virginia. Streams were destroyed by sulfuric acid and earthen dams broke and destroyed small towns.I began investing in COS about 1980. It has proved to be the best investment I ever made. And yes, we must do everything we can to ameliorate oil sands mining. I rode a bicycle to and from work 3 to 5 days a week for the last 19 years of my working life. We have composted our household garbage for more than 30 years. We have a solar water heater that is saving us about $50 a month. I cite these facts to demonstrate that I am not an antediluvian neanderthal hell bent on despoiling the world. Senator Obama does not want us to use oil derived from sands nor does he want us to use liquid fuel from coal. I guess he plans to run the economy of liquid moonlight and pixie dust. Four years of Obama, Reid and Pelosi will make people say: "Gee, I miss Jimmy Carter!!"
    Jul 12 12:38 pm |Rating: 0 0 |Link to Comment |View article
  • Canadian Oil Sands: Good Stock, Even When Oil Bubble Bursts
    I have owned COS since the 1980's. I am sorry I sold some last year. If there was ever a buy and hold stock, this is it!
    May 28 11:52 am |Rating: 0 0 |Link to Comment |View article

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