RE:Commonsense=noname100I might have suspected that this new arrival was the evil greenie journalist Ken Summers, except he called me two days ago and told me something I did not know about the pipeline capacity.
He said that Pieridae has MOU with TransCanada and Enbridge for paying the development costs to do the engineering required for estimating the costs of capacity expansions on their pipeline systems. Financing sources from PEA to pay for the construction required would have to part of the long promised transportation agreements- another milestone that seems to have slipped off the radar screen.
Folks may remember that he ran a story quoting a Calgary pipeline analyst saying that even the first train of Goldboro could not be supplied without new construction on the Montreal to Portland pipe- contradicting PEAs claim that only "capacity enhancements" are required.
I thought he said these MOU were in footnotes to the January Corporate Presentation. I am sure he said they were fine print footnotes. Either I got wrong which public PEA document they are in, or I missed them when I went through that slide deck.
Anyway, he has another article coming out.