DLL - Deloro Resources - Page 9

but I hope that the SP will stay below 50 million max

Even using the lowest lowball figure for amount of heavy oil recoverable with 50 million shares is worth it. I doubt it'll be the very min. 1.6M barrels recoverable though (no company in their right mind would shoot for that number). Still looks like Deloro is severely undervalued. IMO.

I know this may be on the wrong board but check out ENEC they are another gas company but producing with assets in Saskatchewan as well. Got an email last week alerting about huge potential and some new price target. Their market cap is about 98 million. I doubt Deloro will have to go past 100M shares since they only have a few projects.

well...I look at it this way, Ivanhoe technology changed heavy oil to light crude oil and they offer a higher recovery rate than the average, Mr Lees mentioned that it is a strong possibility to use their technology. Mr Lees worked with Chevron for 26 years he mentioned

Overlooked the HTL tech sorry. It looks very interesting and I think management is again going the right way. Now I just gotta see how much Aera Energy is willing to pay Ivanhoe for the 15,000 BPD HTL plant in Cali.

Dont be too surprised if takeover rumors surface with DLL- after all, they have large reserves in relation to their current market cap.
15 or 20 million $$ to Suncor or Royal Dutch would be pocket change.
Oilsands fever shows no sign of slowdown after week of $38 billion in deals

8/6/2007 1:57:00 AM
CALGARY (CP) - The bout of oilsands fever sweeping through northern Alberta shows no sign of slowing down.

An eye-popping $38 billion in deals and development plans announced last week show skyrocketing construction costs haven't dampened interest, only that those intrigued have a blueprint for mining and refining the buried energy treasure.

"The size of the prize is very large, so everybody is going hell bent for leather," said Martin Molyneaux, managing director of institutional research with FirstEnergy Capital.

Shell Canada's plan to spend up to $27 billion on Canada's biggest oilsands upgrader, the $6.6 billion friendly takeover bid for Western Oil Sands (TSX:WTO) by U.S. refiner Marathon Oil Corp., and a $4.4 billion regulatory strategy filed by Suncor Energy (TSX:SU) for the mining plan of its Voyageur South site all indicate the need to ensure a smooth development path for the tar-like bitumen.

OK, close the gap already and get it over with....sheeeeesh.

Red almost across the board this morning in my resource stocks. Looks like AUG might be a good time to cash out and take a holiday . LOL

All red in my accounts...I think I will take you up on that...lol

Looks like AUG might be a good time to cash out and take a holiday . LOL

for me this is the time to start loading up ... i added 25k of dll this morning.

I added 20 K at .33 a few minutes ago.

That's a bold move mouser....to close the gap it would go down to about .28 - I guess you don't think it is going there?

Looks like it found support at the 40day MA and bounced off of it.

Never go too far wrong buying a good value- I dont look at TA and charts as much as the next guy . Sometimes end up holding for a while until the value reflects in the shareprice.

hi im new here, i bought into this one at .35 because i thought it was a good deal but it seems to be dropping. im wondering if the above means that it has to drop to .28 first before it starts to move up again?

i still think it'll move up when more news comes out.

Ugh this is starting to hurt, hopefully only short term pain

I think you guys need to chill out a bit ... if DLL was dropping when everything else was going up, then perhaps you would have something to worry about.

Good point!

Aye!

By the way whinny, are you still holding PCM

Unfortunately I am...all 20k of them and I am down 45%.