RE: RE: RE: RE: MacKenzie Pipeline NEB approvalExactly! It will finally give it direction, and it seems that most people see it that way. Right now IFR is parked and idling. If it is a go they can put the cash in the ground in the area. The pipelines are completed in stages so it might not matter much if the project completion is 2018. They might tie in earlier.
If pipeline is a no go I'm sure they have already considered the options of what to do with the 7.5M in the bank. Credit is still hard to get and a lot of energy juniors are starved for cash with liabilities from oil boom times. There are some bargains out there.