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bobby44

bobby44
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  • Canadian energy stocks hammered after "devastating" Alberta election [View news story]
    Me either. No big deal? Why did the NDP push it then? I bet it means something to somebody. Minimum wages are usually set by regulation based on a formula; not by parliament or an election.

    Just saying!
    May 17, 2015. 02:05 PM | Likes Like |Link to Comment
  • Energy East pipeline application should be suspended, groups say [View news story]
    Are grassroots groups really grassroots groups? Been around pipelines as long as I can remember. never had an issue. The first I saw was an IPL (now Enbridge) pipe when I was about 7.

    Here is my bias on this - When I see and add from TRP I know it is TRP. When I see an add from the 'Persons loyal to the freedom of Canadian Lands' I can only guess what celebrity activist is speaking.

    Pretending to be something you are not does tend to pee me off. I am a hayseed but when folks talk down to me it also does pee me off!
    May 17, 2015. 01:58 PM | 2 Likes Like |Link to Comment
  • TransCanada Pipeline: Flowing Dividends To Shareholders [View article]
    TRP has a huge investment in KXL. If the project is cancelled or outright rejected the equipment and pipe will be for sale or transfer to another project. The soft costs (project development, survey, meetings) will generate a write down. Big pile of rubble, but not enough to slow the growth. (I think)
    May 12, 2015. 09:22 AM | 1 Like Like |Link to Comment
  • Canadian energy stocks hammered after "devastating" Alberta election [View news story]
    Let us remember that a sell off will occur on uncertainty. People want to protect their capital, and who will blame them for that. Institutional investors react more slowly and we will not see them dumping just yet. They tend to hold quality and for long term so there is less overall risk. If they start dumping - grab your as$ and find a safe hole.

    Return here next year to find the real Alberta ndp in action. As with all social activists; when they get the power they truly believe everything is right with the world and continue on a straight path regardless of the reality around them. Oops, I forgot, sometimes 44 year rulers do the same thing!
    May 10, 2015. 09:17 AM | Likes Like |Link to Comment
  • Canadian energy stocks hammered after "devastating" Alberta election [View news story]
    I believe that applies to GAMBLING! Investing has to be more thought out and planned. For sure many people are thinking.
    May 10, 2015. 09:05 AM | Likes Like |Link to Comment
  • Investors flee oil sands after Alberta election [View news story]
    Hi Ruffy: The world, the oilsands, and Alberta will suvive without KXL. Investors do not equate to production. As we have seen production is up y/y and the product goes to market with no KXL. Investors bailing will not change that. What will change is the future (longer term) as new investment is required to sustain growth.

    KXL is not needed by Alberta and Saskatchewan. It is more needed by the USA. but would make a difference to the netback for producers in Canada.

    Politics of the NDP are like dope. You have to try it to find out if you like it! Dangerous stuff.
    May 9, 2015. 06:57 PM | Likes Like |Link to Comment
  • Investors flee oil sands after Alberta election [View news story]
    And all other 'out of favor' activities.
    May 8, 2015. 10:41 AM | Likes Like |Link to Comment
  • Investors flee oil sands after Alberta election [View news story]
    YES!! Leduc #1 was spudded by a rig driven out of Saskatchewan.

    LOOK IT UP!
    May 8, 2015. 10:39 AM | Likes Like |Link to Comment
  • Investors flee oil sands after Alberta election [View news story]
    NDP dna is the same. They are only right. They will never admit to stupid errors or try to fix them. Sure Ray had dolts. But he (or the party) did nothing to improve. THAT is the scary stuff. BTW This group is also inexperienced, idealistic, and not really that bright as well.

    Maybe they are new and improved. ???? But they will NEVER be the friend of growth - particularly in hard times!
    May 8, 2015. 10:38 AM | 1 Like Like |Link to Comment
  • Investors flee oil sands after Alberta election [View news story]
    It is not about the 2% for many smaller companies. There is many things in tax code that goes into getting to the 10% and many small companies never get there. The big ones are able to absorb 2% I am sure.

    The issue is other things these folks are famous for. Roadblocks to development by creating new responsibilities within government. (Sometimes you do not even know you have to file with them too) Silly labor regs (like they did in Manitoba) Cancelling of developments in progress. (Like Ontario) 'Nationalisation' of resource developments (like they did in Sask.) You do not really know what rules you have to play by!

    If you think I am anti cumbersome irresponsible government - you are right! Oh well maybe these are the 'new improved' model??
    May 8, 2015. 10:27 AM | 1 Like Like |Link to Comment
  • Investors flee oil sands after Alberta election [View news story]
    "No Alberta government will adversely affect that province's major income driver."
    These same clowns with different faces have done it before! Maybe this batch is different? Maybe Obama will approve KXL and become pro growth? Right now I have almost no winners left in ab. and it is going to be a long road back, maybe 5 yrs. There are better deals elsewhere.

    I think this is like the kid that swallowed the quarter - the doc said " and this too shall pass".
    May 8, 2015. 10:17 AM | 2 Likes Like |Link to Comment
  • Canadian energy stocks hammered after "devastating" Alberta election [View news story]
    If you bare dumb enough to call 2% an opportunity boy do I have deals for you!
    May 7, 2015. 12:01 AM | 1 Like Like |Link to Comment
  • Canadian energy stocks hammered after "devastating" Alberta election [View news story]
    Not enough dip YET.
    May 6, 2015. 11:55 PM | 1 Like Like |Link to Comment
  • Canadian energy stocks hammered after "devastating" Alberta election [View news story]
    I think you may be a little unsure of how energy is priced. There is little that is improved by higher taxes or costs. The ndp magic formula folks may have the answer to increasing the selling price of oil. NOT!
    May 6, 2015. 11:53 PM | 2 Likes Like |Link to Comment
  • Left-leaning party sweeps to power in Canada‚Äôs oil-rich Alberta [View news story]
    Notley clearly held out an olive branch to the oil and gas industry by speaking of its importance to the province and a "partnership."
    Any of us who have had the experience of dealing with the ndp ers know exactly what the word "partnership" means. Maybe these are new p ers but I doubt it.

    Secondly I fully understand her desire to not support 'lost causes' and anything that faces opposition. At least she never said she had 'balls'. I would prefer the provincial leader to say she supports development that has merits.

    No government of Alberta is going to kill the goose that lays golden eggs. I hope you are correct. BUT p ers have done it before in other places.

    The good thing is that Alberta is a place with strong and dynamic people. The p ers can not do enough permanent damage that the economy can not come back!
    May 6, 2015. 11:56 AM | 3 Likes Like |Link to Comment
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