Kinder Morgan Canada Ltd - Ordinary Shares (Restricted Voting) KMLGF

Am i crazy??

[SRTeight]

Is it me or they just announced the money coming from TM deal will be going south to the mothership??how is it possible to add $12 to shares when theres no money left??can anyone explain it to me???

[JTDOUBLE]

Here a simple explanations 1.6b market cap..The share of TM given the 30% ownerships is 1.30billion cash. This is around 85% cash on hand.. Chances is a strategic move by the government to buyKML ..KML still the contractor government taking all the risk ..KML would end up buying it again later..watch and learn ..this is a political strategic move just to get the project going..

[NinetyFourOctan]

You are not crazy. The mother ship is definitely going to take the lions share here. Besides it would look bad to the Canadian Government and the Canadian Tax Payer who just bought this pile of **** if KM CDA shares where going up. This project is a failure in the making so why should shareholders benefit from a failed project they invested in. As is the $16.50/sh price is as high as it is because