RE: RE: RE: RE: RE: ridley terminalThis ridley coal terminal is all about payola and the granting of assets to the boys... Liberals grant ridley to their pals.. fortune...mind you no one wanted it at that time.. Conservatives get elected and cancel what they figure is a liberal payout... Now the liberals look to be making a comeback under ignatief the conservatives have decided to offload ridley onto their pals or new pals whose allegiance they want to buy...
The stakes are very high in the ridley terminal business. This is especially so as the infrastructure spending package that is working its way towards rollout would be a perfect fit for opening up themega billion dollar development potential of the northwest corner of BC and therefore some extensive business for the ridley terminal.. Selling off ridley to friends just prior to the announcement of a massive infrastructure investment in power and a rail line is what politicians do huh?
Will fortune get hush money... is the question.... what's a $20 or $30 million payout given there is a multibillion dollars worth of deals at stake.... The conservatives are in a rush to do the dirty before they lose power and before they announce the infrastructure project which would enrich the buyers of ridley enormously. their pals of course....thats pork barrel politics
the smart money got their cheap shares... unfortunately for for us managements cash burn rate is will burn this money up in no time..the deal on Mount klappen has to go through sooner rather then later if the financiers are to be kept from vulturing in on the shareholders dinner a second time...Dilution is taking the cream off the top of our investment. Management don't care as they may have lost the big money payout but they will make up for it in managing nico and half the mount klappan cash flows .... so we got the shaft on this dllution