RE: RE: Dividend announcement next days i bought last year and took a hit but switched to the debs for awhile which softened the blow.back to this side now but looking to add more on some weakness before the year-end,else wait awhile and see what the partners do in the u.s.
i think these guys have it right -better value for the buck in the states right now but an enviable position in the peace river arch.when your stuff is 100% and have your own facility then you are beholden only to the shareholder,and of course,market forces.
as long as no one gets greedy or too big for their britches should play out ok.
i see one more purchase coming absent a monster well in canada-something that provides a tax pool and /or year round access in the u.s. or a distressed outfit in alberta.some other players getting beat up in the arch and heavy oil is,well,heavy oil so some opportunities there.
risky,yeah but the income is ok and safer i think than some others.