RE:RE:RE:RE:RE:Crashing LKS hyper sensitive to political risk and while Canada is a bannana republic managed by communists and pumped up on everincreasing debt and massive real estate snow washing money there are far better places to invest in the world for this global player.
He looks for long term value. Will hold HSE as it is make some stink bids for distressed CDN O&G players....he could care less. Probably wishes never came to Canada like many others who have since departed with their 100s BNs.
Anywhere the indiginous and eco mafia can block investments and progress is a no go zone for global players.
Anywhere the military will step in to ensure investor rights and clean distrupters (like some of Canada's BFFs) , or justice that will immedialy imprison bad actors pending trial outcome, are great places to invest.
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matt2018 wrote: its perfect timing for LKS to take this private.
He could buy the shares he doesnt own for $15 and no one would give him a fight.
He could borrow the money and finace it with savings on the div.
This one not going anywhere for this year.
Very high capex for current production.
Yes, investing in projects for the future but investors seem to want profits today or they move on quickly.
my opinion only.
His Bro's will be in Washington tomorrow to sign phase 1 deal.
Get'em while there cheap....Congrats to anyone who bought today...like me....I hope:)
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