RE:New scotia target of 9$ up from 8$ today This bodies well for the SP. My TD holdings report has an average price of 11 analysts at about 6.5. They will show excellence as witnessed by opex at 4.50 which for a liquids company is off the charts good. The D AND C costs speak for themselves. I really like David Holt and the job he has done. As to a buyout remember 60 percent is held by institutional holders who a have a book value north of 15. That said CNQ could make a strong bid. Personally anything less than 12 is too cheap. But we will see.