actually it's the skinny 'old' mayor that has banned straws for the time being. Of course it's all political and the ban on straws will be rescinded once the election is over .. regardless of who wins the election.
I also think that the straw from the Bakken south may even get approved before the election ... and the skinny mayor will claim he's been in favor of it all along ..
I guess I am going down with the ship, but I still believe things will turn around and this stock will be back to low 20s. I have no idea when(maybe sometime in the next 4 years if I am lucky). The problem is, I believe someone else on this board pedicted down to 15, which I am beginning to think they may be right as so much bad news in the entire market world that ERF will simply suffer any downward correction with the entire market unless all the US Utilities announce conversion of generating plants to NG at the same time, so I do think we go lower before things turn around. If lucky, maybe we can manage to level off and stay flat during the summer and when there is a dividend cut, maybe they can hold it to 50% or less. Anyway, those of us who are long will suffer together and hopefully sometime in the next 12 months we all will have something to celebrate.
Why would the ship be "going down"? Why is everyone in such a doom and gloom mode? So the stock is down at $15. So friggin what? You've got an ice-cream truck in a town full of fat kids. Just wait until it get warm. What's the worst thing that can happen? That you sit there for 4 friggin years and collect CAD 0.18 per friggin month for the next four years? Quite a friggin problem.
* Q1 loss/shr C$0.18 vs EPS C$0.17
* Says looks at options for its land at Marcellus, Montney, Duvernay
* Plans to raise C$250-C4500 mln
* Investors can opt for cash or stock dividend
* Shares down 2 pct pls.