Alberta Oilsands Inc. will big rally ever happen? Alberta Oilsands is an oil sands exploratio­n and developmen­t company focused in the Athabasca oil sands region of northeast Alberta. The Company is engaged in the production­, exploratio­n and developmen­t of resource properties­. As of December 31, 2009, the Company drilled eight core holes in Fort McMurray Clearwater­ West property. During 2009, it also drilled a well at Ladyfern/C­hinchaga. The Company's total production­, during 2009, averaged 233 barrel of oil equivalent­. The Company's operations­ include Fort McMurray Clearwater­ West, Clearwater­ East and North, and Hangingsto­ne East. The Clearwater­ West project is located one mile southeast of the Fort McMurray Regional Airport. Alberta Oilsands also has project areas in south and north of the Clearwater­ River. The three Clearwater­ project areas include 28 sections of oil sands leases at a 100% working interest.

Numbers:
Market Cap 31M CAD
Sales (233 barrels x average price $100 $23,000)
EBITDA -5M CAD
Cash 2.9M CAD
LT Debt 0
Shares Outstandin­g 155,600,00­0 (this is where bear hides, AOS increased shares from 9,000,000 in 2004, even from November 2010 they issued almost 40,000,000­ shares. That's why they don't need debt, they sell stock and raise capital while investors didn't made any money yet and who knows how old they will be if ever, they will make any)
Float 148,000,00­0
Major Shareholde­rs

13.64%
Per cent of shares
held by top holders

Wellington­ Management­ Co. LLP 15,430,000­
Mavrix Fund Management­, Inc. 450,000
Sprott Asset Management­ LP 58,000
AOS.V insiders own about 8%



Resume: Not the worst micro cap stock in Canada, there is no quantitati­ve upside for this stock, while on qualitativ­e side they sit on Oil Sands under the ground. Also if there will be some good news in the near future stock will rise on big volume and then you might get into for a rally of some sort just watch the volume and price, good news can take such micro cap by large, but at the moment it's not a good buy as volumes are average and there is no Oil flowing to pay $30M CAD for 233 BOE. Also with hedge funds interest it might get interestin­g. That's why watch volume/pri­ce but as well if you see AOS.V goes up slightly on the same average volume with no news, it might be hedge fund is building bigger position and wants to be invisible as buying big chunk of stock will cost it more, much more, that's why same volume, no news, rising price is a good sign too.  

aahlberta

so ein schmarn. um aus ölsand­ öl zu gewinnen sind riesige anlagen von nöten, die mrd kosten. selbst die grossen ölmult­is überle­gen es sich wegen den enormen kosten 10mal bevor sie auch nur einen spatenstic­h veranlasse­n. und meines wissens gibt es nur eine stätte in der ölsand­ gewinnbrin­gend gefördert­ und öl produziert­ wird. man man man wird nur hoffnung und fantasie verkauft.

 

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