Re: cll mentioned in partnership possibility
posted on
Aug 31, 2009 01:39PM
Walla:
Thanks for the article.. Did a little research on Athabasca Oil Sands Corp, they appear mostly to be an exploration company with extensive land holdings, didn't see any mention of production. IMO they're looking for a joint venture with another company instead of going public to finance production capabilities.The article mentions CLL only in the capacity that they're benefiting from the apparent renewed foreign interest in the oil sands. UTS however is singled out in the article perhaps because of the previous failed buyout.