Another divestiture announced out of the blue.
@@@@Encana Unlocks Value From Montney Midstream Assets With Innovative Sale Agreement CALGARY, AB--(Marketwired - December 22, 2014) Encana Corporation ("Encana") announced today it has reached an agreement with Veresen Midstream Limited Partnership ("Veresen Midstream"), a 50/50 limited partnership of Veresen Inc. and affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR"), under which Encana and Cutbank Ridge Partnership ("CRP"), a partnership between Encana and Cutbank Dawson Gas Resources Ltd., a subsidiary of Mitsubishi Corporation, will sell certain natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia. Total cash consideration to Encana under the transaction is approximately C$412 million plus actual costs accrued in 2015.
If the buyout happens then I suggest exactly what I told VPHM shareholders... take your well-deserved profits in NPSP and buy shares in SHPG.
And God said "Let There Be Gold"... and There Was Gold. And God was Pleased. Talk about clueless. That must be in the Loony Special Edition of the Bible.
Do you have any data on palladium? Russia produces roughly half the world's palladium and had a strategic stockpile of that metal for many years. Choking off export of palladium would drive prices sky-high in very little time given its crucial role in the automotive sector.
I hear you on the tax forms... governments love to complicate matters. No way to easily get around the FX issue either. My portfolio is weighted ~50% US stocks which was hard to bear when CAD was moving up against USD for the last few years. Now that it's reversed it's working in my favour (and obviously against you), but with stock price moves of 6% in one day it's good on either side of the border. No specific news out makes this huge gain today on 4x ave volume a bit suspicious... will be interesting to see where it goes heading into year-end.. I only sold 25% of my position. I may just have to sell more if this hits $40.
I guess they figure their job is done. Good riddance
@@@@Spyglass Resources Corp. (SGL-T) C$0.43 Suspending Coverage Event TD Securities is suspending coverage of Spyglass Resources Corp. (SGL-T) owing to a reallocation of Analyst resources.
Screw that useless shiny metal... Russia produces close to half the world's palladium and a large amount of platinum too. These precious metals are crucial to the automotive and chemical processing industries. They also are the third largest producer of nickel used in stainless steel. So Russia is a key supplier of three key metals that the industrialized world cannot live without. Sorry pal, gold is for fools.
I've been investing in Russia for close to 8 years now. I certainly don't need lessons from the likes of you about how Russia works.
You post this silly reference to Russia in 1998 implying a repeat and you accuse me of knowing nothing? get lost.
Permabears drooled for months in anticipation of the end of QE. When QE ended the world did not end. Now permabears are drooling in anticipation of the first rate hike. I think they will be disappointed yet again when rates finally go up.
No it's NOT okay. Rule #1 clearly states this.
@@@The first rule of Fight Club is: You do not talk about Fight Club. The second rule of Fight Club is: You do not talk about Fight Club. Third rule of Fight Club: Someone yells stop, goes limp, taps out, the fight is over. Fourth rule: only two guys to a fight. Fifth rule: one fight at a time, fellas. Sixth rule: no shirts, no shoes. Seventh rule: Fights will go on as long as they have to. And the eighth and final rule: If this is your first night at Fight Club, you have to fight.