Just asking some SU holders...Where they stand.....As i've just gotten off the Athabasca forum, by addressing some of the crazy comments people make there, i'd be interested in what some you think regarding a possible development which would directly implicate Suncor.
We all KNOW that Suncor is in a bad place right now, chuck full of problems, desperate to find it's footing in this new paradigm and move on with their "highly contraversial" operations. And we all KNOW that Suncor is "actively" looking" around to pickup some accretive assets which would compliment its own operations. In addition, we're all aware that Suncor has been in "ongoing" negoations with Total, for some time now, for the possible acquisition of their interest in Fort Hills. They've already struck out once in trying to acquire those assets, if they strike out again and don't come to mtually agreed upon deal with Total, then what's next?
So this is my question to you, IF Suncor mgmt FAIL to acquire/secure Total's interest in Fort Hill's, would you have a problem if they go after someone like MEG or Athabasca and pay a VERY hefty premium to acquire them? And if you don't have an issue with Suncor trying to secure anyone of those two assets, would you prefer for SU to buyout Meg for ~$12B or Athabasca for $3-$4B? Because it seems either Meg or ATH is on the verge of being bought out, maybe even both in time, and someone like Sucor could be one of the possible suitors
Do you even care what they do with M&A?
GLTA