RE:RE:$12.50 Soon on Higher DifferentialsTrue, but consider in the context that foreign funds classify Canada as an "emerging market" so the allocations are restricted.
Canada risks with a minority govt and crippled energy engine include political instability, economic uncetrainty, and First Nation and Eco mafia paper terrorists.
If they shut down the massive snow washing machine via exempt lawyer offices can kiss real estate good by, and watch a massige DGP shrinkage couples with even more socialized housing.
HSE is solid, building up dry powder because the bull cycle is coming to and end and there will be deals when it crashes. They will be chugging along for decades but its not a boom economy and wont be for 20 years.
Better off outside of canada witgh emerging markets with serious growth like India, LatAM, and Africa.....
onec007 wrote: Hope you are right! There is so much room to run when you consider how many poorly run o&g companies out there and the few that are both capital and asset rich.
Stick with the big ones - HSE, SU, CNQ, IMO and CVE.