RE:RE:Zacks says sell Cenovus... I'm guessing there's more to the "contract" story..... Especially given how our Propoganda to China is. Just look at how we treat our own shareholdes (Preferreds) and how things are said.
This "contract" that was "renegotiated" was probably a contract that was coming due and then was renegotiated for a LONG TERM contract at lower prices.....lower prices but still HIGHLY PROFITABLE.
YET ANOTHER MISLEADING statement I'm guessing.... I'm guessing This "Contract" everyone is mentioning that Husky got Cheated out of....... Lot's of details left out.... I'm guessing this contract was to expire in a couple year and Husky renegotiated a LONG TERM contract at a lower price.
It that being "CHEATED"????
All just my opinion/view/thinking/guessing.
willyk3 wrote: Absolutely agree with your sentiments about Zacks!
As far as the gas assets go I take it all with a grain of salt....if memory serves me correctly..the Chinese basically told Husky to take their take or pay contracts (at a very attractive price) and shove them...they were renegotiated and there was squat that HSE was able to do ...but take it