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  • Report: Encana planning to sell Deep Panuke gas project [View news story]
    Based on the big cash cow that Deep Panuke is, the price tag better be 2 billion plus and even at that, the market may not be happy. This is an asset that unless they get top dollar is better kept.

    JMO
    Jul 18 02:43 PM | Likes Like |Link to Comment
  • Canadian Century Club Dividend Stocks [View article]
    Can you even consider the so called U.S. banks as banks anymore?? So much of their business comes from financial businesses that are not traditional banking and come with higher risks. They are IMO large financial conglomerates that do some traditional banking.

    JMO
    Jul 18 11:35 AM | Likes Like |Link to Comment
  • Canadian Century Club Dividend Stocks [View article]
    There is definitely something to be said for a Canadian style banking system ( economically conservative leaning, relatively big and well regulated). A strong banking system is the key and backbone of any economy and Canada proved this during the last crash.
    Jul 18 11:30 AM | 3 Likes Like |Link to Comment
  • Canadian Century Club Dividend Stocks [View article]
    I for some time have had a considerable portion of my portfolio in Canadian financials including banks. The indicators I watch for is the health of the real estate market, energy market (oil and gas) and interest rates. Canada's economy is overly dependent on the first two and so as long as they do well, the economy and the banks should do well. Any signs of deterioration in these indicators or economics affecting them and I will be selling all that I own. The Canadian banks are in fairly good shape and so should survive any correction but their earnings and share price will be impacted negatively and so cash will be the place to be. US dollars may also look good as a correction will put the Canadian dollar under pressure.

    JMO
    Jul 18 11:26 AM | Likes Like |Link to Comment
  • Turquoise Hill says Oyu Tolgoi concentrate output returns to normal rates [View news story]
    GOM is still being a thorn in the side of TRQ and Rio Tinto. Rio Tinto has put phase 2 on hold and initiated arbitration proceedings due to tax issues with the GOM. Phase 2 is the underground development that unlocks 80% of the deposits value. TRQ has huge potential but the way things are going with the current GOM, investors may have to wait till after the next election in 2016 before they see any results.

    JMO
    Jul 15 09:26 PM | Likes Like |Link to Comment
  • General Electric: Helping Clean Up The Canadian Oil Sands [View article]
    GE smells money in the oil sands - its as simple as that. As for the oil sands being dirty - They are no where as dirty as people think. The average is around 14% more green house gas emissions than conventional production and getting better all the time as the industry itself has many initiatives to improve environmental performance in the works. Its heavy oil and heavy oils in general regardless of where they come from result in more green house gas when produced. The real bad boy when it comes to green house gas is actually coal which is way worse than oil.
    Jul 14 02:11 PM | 3 Likes Like |Link to Comment
  • Column: Jeff Immelt is the American Canada needs to lead oil sands clean-up [View news story]
    No - they are humans who are misguided would about sum it up. For some reason, they feel a need for a cause or something?? The cause being right or wrong seems to be a secondary concern. ;-)
    Jul 13 09:19 PM | Likes Like |Link to Comment
  • Column: Jeff Immelt is the American Canada needs to lead oil sands clean-up [View news story]
    Reality is that the industry is already doing everything mentioned in that article. If GE can add to it, I am sure they would not mind. And if GE comes up with something useful, they can both make a lot more money.
    Jul 13 09:06 AM | Likes Like |Link to Comment
  • Column: Jeff Immelt is the American Canada needs to lead oil sands clean-up [View news story]
    Its one of the miss conceptions that the greens have been spreading. They also conveniently leave out the security of supply part. Keystone oil would be displacing Venezuelan heavy oil for the most part and once refined ( they also leave out the part about the transporting and refining on American soil creating American jobs and paying American taxes) some of the refined products will be exported and some used in North America (no different than now). also fracking is not used to produce oil from the oil sands.
    Jul 13 08:55 AM | 3 Likes Like |Link to Comment
  • Column: Jeff Immelt is the American Canada needs to lead oil sands clean-up [View news story]
    Can't be cleaned up??? The industry has been making steady improvement for years as far as cleaner and environment improvement is concerned.
    Jul 13 08:43 AM | 1 Like Like |Link to Comment
  • Column: Jeff Immelt is the American Canada needs to lead oil sands clean-up [View news story]
    The industry itself is already doing what the columnist is proposing and has been for some time. That is why the practices an technology used now is a lot different and cleaner than it was 20 years ago. The article shows a lack of knowledge by the author and Immelt (if he is saying that). As the industry has always been very collaborative when it comes to safety and the environment and has many initiatives under way. Makes me wander if the article is nothing more than a "soft attack" on the industry from those who are against it. Then on the other hand, If Ge and Immelt are interested in joining the effort, it would be a win/ win situation as GE could make lots of money selling the industry technology and product and the industry could make that much more selling with less of a monkey on their backs.
    Jul 13 08:41 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Ukraine Ends Ceasefire, BNP Pleads Guilty, Auto Recalls [View article]
    when you put a narrow minded green activist with no balls in the white house, that's what you get. ;-)
    Jul 1 11:46 AM | 9 Likes Like |Link to Comment
  • TransCanada upgraded to Buy at Citigroup, citing potential for breakup [View news story]
    This is something TRP management should definitely think about. Looks like a lot of value could be unlocked.
    Jun 30 03:30 PM | Likes Like |Link to Comment
  • Fracking Bans Spread Even As Science Reduces Perceived Dangers [View article]
    Common sense needs to win out of hysteria or America will be in trouble. This is not to minimize the importance of safety and environmental safeguards as they are very important but at the end of the day, American corporations need to be able to profitably produce oil and gas and America needs to lesson its dependance on Imported energy.
    Jun 26 06:05 PM | 6 Likes Like |Link to Comment
  • Notice of Dispute Filed With the Government of Mongolia [View article]
    One of the big problems is the mining minister who seems to be a very narrow minded resource nationalist and does not seem to care what impact the GOM's actions have on the countries reputation and economy. If the GOM wants to show that it is serious in moving forward, then this minister has to go. JMO
    Also, the GOM has lost every case that has gone to world courts. Rio Tinto is taking the correct approach in not being bullied by this bunch.
    Jun 26 03:43 PM | Likes Like |Link to Comment
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