Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Post by smitty2781on Nov 02, 2021 9:56am
228 Views
Post# 34076700

Trudeau's comments, and share buybacks ...

Trudeau's comments, and share buybacks ...
Trudeau:
Does anyone else think Trudeau's emissions cap comments for the oil patch are playing right into AXE's hand? 

Premier Kenney, unfortunately, has already crawled into bed with the carbon capture execs, so there will be that to contend with.

Jason Kenny:

“The single most important way the prime minister could help us would be putting real resources behind a huge expansion of Alberta's carbon capture and storage technology,'' Kenney said.

Mr. Kenney needs to get out of the way and make room for some real progress in oil and gas production emissions reduction (instead of propping up the old regime and then capturing the emissions - that just adds an expensive new problem to the old problem).


Buybacks:
Also, I am completely incensed that the major oil and gas players are taking their latest windfall earnings and using them to buy back shares in their respective companies. I am fully aware of the investor gains created by buybacks, but buybacks do nothing to help companies - only shareholders.

It is no secret that global oil and gas consumption is being reduced, or at least there are seriously major plans to reduce consumption. So how do the oil and gas companies respond to this impending implosion of their businesses? They have decided that it is not important to use the money they have earned from selling their products, which have caused the global warming problem we have, to try and find solutions to sustain their businesses. Nope. Their answer is to tell humanity to F-off, and take all the money and run. Leaving the rest of us with a huge mess to clean up.

Good thing I am not Prime Minister. I would ban share buybacks for oil and gas companies, and, instead, give them incentives to invest those same dollars into new research for sustainabale energy.

It is so hard to find responsible leadership in a corporatocracy.

Let's get this damn pilot test done, show everyone the technology works, and start some real emissions reductions in Alberta.

Go AXE!

As always,
glta

smitty

<< Previous
Bullboard Posts
Next >>