RE:Looking Beyond.....Hey sukhi...nice work! And thanks for sharing.
Thinking of jumping into CJ. As you say, if prices remain below $40 for 2016, divy likely at risk. On the other hand, MOST named would be at risk in some way shape or form. But the divy at least looks safe for the next 6 months, and probably for all of 2016. Presently own Pembina/PBA (sold off 60% around $30), but like Cardinal's divy better, and its prospects should oil prices turn around by the end of next year, as I think most of us think or hope it will.
Always some gambling involved, but hey, that's what the Fed and Central Banks/BIS have purposely pushed all investors into by destroying currency values and interest rates. All markets are now casinos run by the banksters and their mob friends (while "oversight" agencies like the CFTC, etc, are in their pockets and simply "overlook" all illegal manipulations and concentrations, esp. in the PM markets, but no doubt in the energy "markets" as well).
But what's a US or Canadian investment $ to do?...work in a savings account or for a treasury bond for next to nothing?...or seek a better paying job? Yeah, that's what mine decided, too....jt