Post by
downwithdotcom1 on Oct 25, 2020 12:21pm
Cenovus meet CHINA ....
...ongoing conflict over HUAWEI the company and of course the daughter currently under house arrest and living in a luxury mansion while 2 canadians are doing hard time jail facing the death penalty WELCOME doing business with CHINA..even though the nat gas /oil fields are hugely profitable, CENOVUS hopefully will immediately sell these assets and not get caught up in this politics.. TRUMP has played Canada perfectly ,getting us to honour international laws and arresting the daughter-we are now suffering CHINA's wrath ie bullying from a now life long dictator who has to show the folks at home whose boss...i sold out of HSE long ago since the MEG deal went south and you can sure bet trouble with these assets when/were/if this daughter faces imminent extradiction to the USA..and thats why i will sell my CENOVUS holdings if they dont..regards, dwdc
Comment by
mrbb on Oct 25, 2020 3:20pm
with a leftist soyboy JT at the helm, it's not hard to screw canada. With all the USD printing, CAD is still in the dump relative to the USD.
Comment by
RagingBull3 on Oct 25, 2020 3:28pm
Where China paying 3 times the price for gas than here in Canada with Husky on long term contracts. Where also you can get global....probably premium global prices for oil. !!! Cenovus gets instant "connections" to PROFITABLE Asian markets. Better than other Canadian Majors that invest in Lybia, Syria and other high conflict zones!!!