Enbridge Inc T.ENB.PR.N

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Exposed

[SargeX]

Hey CSC That would sure be wonderful for TRP but I totally doubt that is going to happen. I just hope TRP doesn't do anything stupid and be overly optimistic. Take her easy Sarge PS - Canada and the US are sure a big mess with these two idiotic and idealist/unrealistic gov'ts.

CanSiamCyp wrote: Hey Sarge!

As a TRP (and ENB) shareholder, I also watched with interest in recent days as various parties in the USA and Canada talk up their dream of reviving the KXL project.

TRP has done exactly the right thing by stating unequivocally that the project is dead as far as they are concerned.

Their next steps should be:

• to state that the KXL Canada component is complete (as it is) up to the border crossing point;
• that x% of the work on the US side has been completed and y% of the pipe is sitting in nearby storage sites to complete the US route;
• that IF the US of A really, really wants to complete the project on the US side and rely on safe, clean, equitable Canadian oil instead of dirty oil from Saudi Arabia and/or Venezuela, then (taking a page out of the Kinder Morgan deal with the Lie-berals in Canada),
• the US of A can buy all completed works and ready-to-go materials on the US side (for a very hefty premium to be determined by TRP), and
• the US of A can pay for all of the remaining work and political buy-offs to complete the work on the US side.
• Then the US of A can pay TRP (at a hefty premium price) for the priviledge of joining the TRP pipeline at the international border, and
• then pay TRP (at a hefty premium) to manage the completed US side of the KXL network for the US government in perpetuity.

Sound like a sweet deal for TRP? A win for TRP, a win for Alberta (and Canada), and a win for Canadian citizens all round.

Who loses? The American taxpayer/public .... the price they must pay for electing Barack Osama, Sleepy Joe, Camel the Harris, AOC and all of the other eco nuts. Put 'em over the (oil) barrel, pull down their drawers, and give 'em a good spanking!

Cheers!

SargeX wrote: Hey Fiddy

I just saw a BNN article from Kenney about Keystone XL. As a TRP shareholder, I really hate the idea of TRP doing anything as I think there would still be majot grief, no matter what they say.

Anyway, if you are thinking of swapping some ENB out, if I was you, I'd just do half to PPL.

Here's a link to the BNN article.

https://www.bnnbloomberg.ca/alberta-s-premier-says-it-s-not-too-late-to-approve-keystone-xl-1.1734008

Ciao
  Sarge

FiddyFiddyOddzz wrote: Good suggestions, thanks Sarge. I'm hoping old ENB is gonna hit 60 soon, maybe make some decisions then.

Sarge wrote:"Hey Fiddy

I hope you had a good time down south and enjoyed not being on Stockhouse all the time.

ENB is definitely the riskiest of the midstreamers. If you're worried about this and that (ie: Line5, Mainline contracts, etc) with ENB, it's never too late to sell half and put it into a different midstreamer. At this point and even in spite of the run-up, I still think PPL would be your best bet. You'd lose a little on the dividend income but you'd get paid monthly and you wouldn't have to worry as much about the ex-div spanking each quarter.

If you really want to clean house, sell all your ENB and put half each into PPL and TRP or maybe keep some ENB and go 1/3 each.

I know I keep going on and on about owning multiple stocks in the sectors you want to own but it really is the best way for the long term investor. .

Take her easy
  Sarge"