Surmount Is the prize in this acquisition.With cash operating cost of only $15 to $17 and life reserve
of 50 years.
Also the $10.5b tax pool is another plus
Let's hope Conoco does not exercice it's first refusal right.
Nat bank as a $60 target.will it get there?Who knows.
But to get there, it will have to go to $43,$44,$45.....
So if you are like me and think that SU is way under valued at these prices, you want
to buy while the stock is cheap.
I more then double my position yesterday at the open and will buy more on any pullback.