It may be possible to get into the high $40s by August. Iraq is more of a wildcard than anticipated. This issue will not be going away anytime soon. Suncor has excellent execution right now, earnings should be a blow out.
Well, one side of that statement is clearly true: that if it can't get to $40, then the upside is NOT huge.
That makes your opinion not entirely meritless, but still not very insightful.
Forget the pipelines. Not for another 3-5 years minimum, and only then if we luck into some leaders with spines...in other words, not likely. So trains it is, and that's just fine with me..