OTCPK:KMLGF - Post by User
Post by
HARJAYon May 29, 2018 11:55am
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Post# 28093782
FYI
FYIWas watching on BNN someone from the Cdn Taxpayers Federation and he said that the $4.5 is only for the existing pipeleine , est to build the rest is about another $7 - 8 B. . he said the gov't doesn't have the moey thats why Morneau said they want to only keep it for a short time and sell it to investors but of course he has just told potential investors that they need to unload it. Potential investors won't be offering full value of course cause they know Gov't is desperate so it will sell for a discount , how much of one will be the question but you can be assured the taxpayer will not make out well in this transaction.
Also Kinder Morgan will be mkting the pipeline to its fellow pipers and besides making out well in this sell ne paid additionally for flogging it to potential investors.
Not much else to say.