RE:RE:RE:Few QuestionsOne of the main safety benefits to this stock is it’s cash position. Even with the recent run up in share price 37.5% of this stock’s price is held in cash with no debt. I see this putting a firm bottom on the sp. Whereas I see the 805 Million in contracts they have lined up putting huge potential into the stock rising to two or three times it’s current value if/when CGL and TMX go through. If they don’t go through then the sp will fall but probably not below 3 bucks or 2.50 in a disaster scenario. This stock is thinly traded in large part because people don’t know who they are and aren’t interested in the Canadian Energy Sector. If either of the pipelines go through that is going to change big time and this stock is going to head way up. They’ve still got cash coming in from Groundbirch and NMML due to be reported for the quarter. This should bring their cash position up even further.
All in all the relatively low risk versus high reward is what I like best about this company.