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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Post by Experiencedon Nov 05, 2021 8:47am
327 Views
Post# 34090958

Alternatives to Buying and holding Suncor

Alternatives to Buying and holding SuncorDuring my life so far before doing anything including the buying of a particular company I carefully examine as many alternatives as I can before making a final decision.

It now appears that the US Government and specifically the Department of Justice is going to pay $540K to each illegal immigrant who is separated from their children by the Border Patrol or ICE. So a couple that gets separated from their children while illegally crossing into the US would get slightly over a million dollars tax free.

I suspect that most people don't expect to profit over a million dollars tax free from their investment in SU.  

So what's the alternative?

Buy plane tickets for you - your spouse-and most importantly, your child or children and fly to Mexico.  Pay a cartel member to get you across the US border or offer to bring in some drugs in lieu of paying money.  Once in the US arrange with your kids to get separated by Border patrol and make sure the kids have no ID.

After the US Government gives you a free bus or plane ticket to go elsewhere in the US and you collect the money from the US Government you meet your kids at a pre defined location and come back to Canada.

Does this sound bizarre?

For sure but that is where things are in the US during this silly season called the Biden Presidency.
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