GREY:MGMCF - Post by User
Comment by
johncalgaryon Dec 13, 2013 1:20pm
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Post# 22003873
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another devolution article
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another devolution articleThis play is not ecomonical at all at this time and Imperial would be dumb wasting money on it. However that being said the Canadian Government wants this they want the ecomonical progress in the north they want to assert Canadian sovereignty in the north right to the pole. They also want at least one pipeline to start to show Canada is serious about getting its oil and gas to overseas markets. The Canadian government will make this happen if Imperial goes ahead.I figure trillions in forgien investment is sitting on the side lines waiting to see if this country can actully get a pipe to open water. If the MVP is built billions will pour in and anyone holding mgm or ifr will be stinking rich. We'll see next Friday.