Nexen Inc. 7.35% Sub Notes 2043 NXY.P.B

RE: RE: RE: RE: NXY down for 7 straight days...

[mrbb]

ferret, if this deal doesnt go thru, this would suppress many other oil&gas share values, and canada as a whole is gonna lose even more than just this nexen-cnooc deal.  Many O&G juniors and weaks that are hoping for new capital infusion would be in the dump for years. U now see juniors are merging to form a bigger and dividend paying entities in order to attract new capital, to buy a few years.. This is a very expensive way to raise money. IMO wont last long becoz they are cutting their meat and organs to raise cash.  

Just like the blowback of raising alberta royalty to appease the poll sentiment,  the province of alberta had to back track and Ed Stelmach resigned becoz of that blunder. Ed listened to the poll instead of oil and gas experts.