Post by
Kherson on Mar 23, 2014 10:09am
Is Blunderheim for sale?
With all the mismanagement at Blunderheim in the last 6 months, I firmly believe that it is for sale. No doubt now that Canexus can not properly build it, but they also do not have the resources or management to run it. The question therefore arises, who will buy it?
Well one company who does have the ability to complete the job and run the facility is Gibson Energy. They also have a good business arrangement with Cenovus...
At this stage in the Blunderheim fiasco, I really don't think that Canexus has a choice but to sell the facility to someone who can complete the job and make it work.
Kherson
Comment by
whitey4$ on Mar 23, 2014 11:14am
I just don't think canexus would sell NATO this close to the finish line,it's not like they are hard up for the money and they are looking for a new CEO. But I would have to think there are companies looking to take out canexus at this oversold state of the share price. Whitey
Comment by
whitey4$ on Mar 23, 2014 1:15pm
Kherson I think at this point they have thrown out all the bad news they can and the share price reflects it,so any surprises will be of the good news variety re- shorter shut down than planned. They are changing the guard and I think they want to under promise and over deliver .Time will tell. Wayne
Comment by
whitey4$ on Mar 23, 2014 5:06pm
Hi Hawk I have a long term hold on my shares and I think it was oversold at $6 ,there was a pp bought at $5.60 so this is a great entry point . I do hear what you say about Kherson ,he is short this stock or trying to buy cheaper ,probably the last one. Anyways I don't have time for it .Kherson is on ignore thanks Whitey
Comment by
Kherson on Sep 05, 2014 8:24pm
I posted this on March 23, 2014. Looks like I am right, yet again... Kherson