TSX:VSN.DB.B - Post by User
Post by
indoubtgetouton Mar 22, 2016 10:28am
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Post# 24687491
JERA Good - but may not be enough!!
JERA Good - but may not be enough!!Too little to late? Maybe. JERA covers 1//4 of capacity and maybe not much else. VSN has a long road ahead of it. The FERC decline is like getting a 50 yard penalty and VSN is now 4th and 60 yards with 5 seconds to go in the game. Environmentalists are making hay out of the FERC decline and VSN still has a long road to secure additional contracts and project funders to make this project viable. Maybe the best option for VSN is to put itself up for sale.....you will likely get the same upside should Jordan Cove ever become successful.