Encana heavy oil decision soonECA heavy oil partnership decision should be out within the month unless there are delays in crossing the T’s and dotting the I’s I’m betting there is big potential for our share price to really perform in the last quarter.
How much is this worth to our share price?
I would think a good deal is worth at least 5-6 dollars CND.
Of course I’m just guessing but as Veronica Hirsh mentioned on ROBTV, the decision can be a huge positive for them going forward.
I’ll stick with my stock even though it has been falling with the price of NG and even though Encana is 90% hedged at 8US and higher.
It’s funny how the market perceives weakness when there is none.
I might buy more shares today is she dips under 58.
Do your own DD.