CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Is Blunderheim for sale?

[Kherson]

With all the mismanagement at Blunderheim in the last 6 months, I firmly believe that it is for sale. No doubt now that Canexus can not properly build it, but they also do not have the resources or management to run it. The question therefore arises, who will buy it?
Well one company who does have the ability to complete the job and run the facility is Gibson Energy. They also have a good business arrangement with Cenovus...
At this stage in the Blunderheim fiasco, I really don't think that Canexus has a choice but to sell the facility to someone who can complete the job and make it work.
Kherson