I will tell you why we are at 16 year highTo have the answer, just go and listen to today's business update webcast presentation.
It's 1 hour 14 minutes.
If you are a SU shareholders, it's a must listen.
The old SUncor is becoming like a CNQ type of business.
Not there yet but getting there at giant steep.
Very impressive presentation.
No wonder the stock is up.
I was saying all along $60+ but not anymore.
IF WTI stays over $75, SU will be a $70+ before year end.
There was so much said on the presentation that it would be to long for me to give detail.
It is up to you to listen to it if you want to find out.
Will the stock go up again tomorrow,next week, next months, who knows and who cares but it will substantially be higher in months and years to come.
In summary, the best is in front of us Suncor shareholders
Staying long more than ever after listening to the SU team and their goals and opportunity
to create more A LOT of value for existing shareholders.