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Message: Target as mention by Jade imo

Target as mention by Jade imo

posted on Jan 18, 2010 10:29AM

If the US dollar remains in it's actual range for most of the year i believe the price of oil could climb up to $US 90.00 around next fall depending on economy improvement . In such conditions and depending on news affecting AOS i agree with the $0.60 target or somewhere in the range of $0.50 to $0.70 . Long as the price of oil remains around $80.00 the SP should improve with positive news coming from drilling and positive results from low pressure steam injection with the potential application of electro-magnetic heating technology.

Of course political intervention could impact both ways but i don't think this will happen over the next 9 months but that's a guess .

Regards !

Tec

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Jan 18, 2010 10:46AM
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Jan 21, 2010 06:08PM
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