RE: HF Value
"In the longer term, the renminbi has far more scope for appreciation than the Canadian dollar"
lr7 - It depends on how far out you want to go but I wouldn't disagree with that statement in the longer run. In the more immediate term, I believe that some of HF's debt is denominated in USD??. So that will bode well for HF in the short run. Great release today by the way, and it seems clear that they were holding back something in the CC. I don't have a problem with that!