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

RE:RE:Using Jedi Mind Tricks to Boost Stock Prices

[6milli]

Calgaryrider wrote: I wonder, how is TransCanada going to gain any value from an asset that has contracts in place to run at half capacity.  

One thought is that it may be a hedge for them.....if they can't meet their obligations to provide pipelines to transfer products, then they are at risk of losing long-term partners in those pipelines.

If you can offer some service instead of no service, maybe this is a means for them to retain those long-term pipeline partners.....but, could they offer this service at rail at anything but a loss?  Not really.  Rail is good, but it's certainly no cheaper than pipeline, even if you account for the diluent return costs.

Hey CalgaryRider, while I would have loved to step in beside you and buy some more shares at $1.50, I think you were at least 20 cents off your sub-$2.00 prediction - (low intraday was about $2.20). Did you miss the boat altogether or did you pick up some shares below $2.50? Or should I say train :)