RE:NAFTA dealNo, not all your problems in life are because of Trump. No value is given to CZO's pipeline assets because there is no indication that they will actually earn anything significant from them. All we have is lots of R&D expenses and missed expectations.
digitel wrote: Many have wondered why there is no speculative value for CZO's pipeline assets. Canada has been out of favor. Speculative money has seriously dried up in the Canadian market. The TSX Venture Exchange is down over 23% from its high this year. Who wants to commit to Canadian based CZO and its Canadian plant without the terms of trade between Canada and the US known? Trump has been incredibly hostile threatening to move on without Canada. That's not a hospitable environment for investment.
With a NAFTA deal CZO will be able to enter deals with less risk. Speculative capital can also feel more secure investing in Canadian based CZO and its Canadain plant knowing that the terms of trade with the US are now known.