GREY:BXEFF - Post by User
Post by
RichyRich$on Jan 23, 2019 6:32am
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Post# 29268880
The Future of AECO Gas is Great. LNG Canada Pipelines Being
The Future of AECO Gas is Great. LNG Canada Pipelines Being SamD... I'd like to add that to all your points about AECO at historic bottoms and only up from here. Also Global demand is expected to double within 10 years. Asia converting coal to Natural Gas. The LNG Pipelines to lift AECO gas prices as Asia buys NG from Western Canada. Cheaper and shorter shipping route than the U.S and their relations for trade more favoures with Canada than the U.S with Trump . So now that the reverse split fear selloff is done (I believe the market will be happy with NYSE delisting versus another reverse split) and the 2020 partial debt due to be extended soon. The banks enjoy making interest and want to extend the debt maturity just like the other portion they successfully extended last September. The banks also feel safe to extend the maturity knowing the book value is so high. Remember... book value is Assers minus Liabities. Even if one argues the book value is lower than the actual... even if at 50% discounted... it's still $6.00/share! And that's after all debts subtracted from all assets! We ride the sector wave up as the hype around LNG Canada pipelones being built gains momentum. A news article yesterday said LNG Canada already has $1 Billion in signed contracts. ME AND SAMD URGE YOU... DO NOT SELL AT A LOSS! THIS PUPPIES READY TO SKY ROCKET!