RE:RE:Line 3 and Line 5Thanks, Freedom. Since the Court ruling, Enbridge is down over CAD$ 5 per share from its recent end of May 52-week high. That's a loss of over $10 billion in market cap in less than two weeks. Unbelievable.
freedomfiddy wrote: WALTER - I don't think Enbridge is going bankrupt without these two lines...lol, but let's joust hope there are no accidental spills in the meantime while all this plays out.... Walter Why wrote "Does anyone have any thoughts on ENB and its assets that are not Line 3 and Line 5? I read the news and all the financial analysts seem to talk as of the entire future of the company is dependent on these two lines, but doesn't ENB have good assets that are not Lines 3 and 5. For example, I'm thinking about all of the Spectra assets. I understand that getting additional the additional 360k capacity through a new Line 3 will obviously grow free cash flow, but why does everyone treat it like the entire stake of the company is vested in these two lines. Any thoughts?"