Post by
joeman on May 15, 2020 10:48am
Oil cannot compete with green energy
MINUS 7 dollars a barrel, people PAY to get rid of their oil!!! Calgary is facing a bankruptsy 100 times worse than NMX, NMX was able to sell it's remaining shares for 22 cents, Calgary will have to pay someone to take the oil and then pay someone to clean up the oil sands and lake athabasca, pay someone to dismantle the oil refineries.
Comment by
phantom666 on May 15, 2020 11:53am
To all the green energy freaks out there, go watch planet of humans on utube to make you rethink how you’re being brainwashed and having the wool pulled over your eyes. Fossil fuels can never be replaced.
Comment by
joeman on May 15, 2020 8:51pm
Yes you were correct about gold and nmx but like it or not gasoline automobiles are innefficient , no regenerative braking and Ford just built a 1400 horsepower electric mustang mach E quarter mile at 274 km/hr in 8 seconds flat , gasoline cannot do that only alcohol can do that and maybe kerosene, yet electric can do it. Ford is going all in!
Comment by
joeman on May 18, 2020 12:34am
The Norwegians just blacklisted the tarsands oh sorry, I meant to say "oilsands" slightly cleaner. Still heavy oil, cant compete with saudi arabian light sweet crude.
Comment by
westside587 on May 19, 2020 12:18am
And SA says thanks for your shares Norway. https://www.bnnbloomberg.ca/saudi-wealth-fund-builds-stakes-in-canadian-natural-suncor-1.1437236
Comment by
joeman on May 19, 2020 8:19am
Keystone XL is blocked in Montana and Joe Biden promises to cancel the pipeline. Norway isn't as dumb as SA.
Comment by
joeman on May 20, 2020 8:29am
I agree, Biden is an idiot but if you wmant Montana to agree, Alberta will likely need to make a deal to become the 51st state. If I was Albertan I would want Alberta to join the USA. This would be a historic moment , looking forward to that day.
Comment by
Alex89s on May 20, 2020 2:29pm
Explain to me if both things are at zero, how can one be higher than the other ?
Comment by
Calgary_AB on May 20, 2020 2:33pm
one is ZERO and the other one is zero...smart a$$
Comment by
dalesio_98 on May 15, 2020 5:00pm
Joeman, Nemaska sold the 15.8 million shares they held in Monarch Gold for approximately $3.5M. They sold an asset increasing their liquidity. They did not sell Nemaska shares at 22 cents.