TSX:HSE.PR.B - Post by User
Comment by
mrbbon Oct 26, 2018 1:54am
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Post# 28875992
RE:Bid for MEG
RE:Bid for MEGDogsbreakfast4U wrote: Lsitening to the conference call today I had the distinct impression that magagement feels this deal will happen. For this to become reality they will likely have to sweeten the offer. It's clear LKS, Victor and company want this deal closed for the reason that follow.
I have heard that after that deal is done, Husky Mistream Limited Partneship (with Cheung Kong Infrastructure Holdings and Power Assets Holdings Limited) will look at acquiring the infamous Transmountain pipeline to ship all that heavy oil to Asia. I don't expect this to happen before the project is de-risked however.
you have to understand that the chinese have lots of patience, and cash. Too many average canadians think the gooey tarsand is unwanted and worthless, leave it the ground they say. Well, i say the chinese/indians really wanted this gooey tarsand. Between canadian pipeline debacle versus venezuela revival, the chinese would prefer the canadian option.