short-term is for tradersLong term is for believers.
No other company in NA has the quality of assets like ECA.
No other company's assets can sustain growth of 8-10% for the next 30 years without acquisitions.
No other company has the uncooked potential that ECA has.
If ever ECA gets close to 40's the bids will start coming there is no doubt in my mind.
After Q3-06 when ECA plans to announced their integrated strategies for oil sands, ECA will not be this cheap ever again, unless the world goes into a major recession or depression.
Then I don't care what you own with the exception of gold everyone will be hurting bad.
Cheers and don't worry long-term minded investors,