AltaGas Ltd T.ALA

Have a look

[marketsense]

At WTE over the last year.  I switched a little out from ALA to WTE as there is way
more torque in WTE.  ALA has done good but WTE hit the jackpot over the oil sanctions
with Russia.  Its that dirty old coal business coming back to haunt the likes of Greta and our own JT but countries and industries need cheap sources of energy.

Coal is flying off the shelf as fast as it can be produced.  Teck has also scored big being 
Canadas major producer.  Funny how all the ivory tower eco proponents have gone
kind of silent all of a sudden and dirty oil and dirty coal are in massive demand mode.
They were both shunned as the worst anti ESG on the planet and yet those industries 
have made investors more money than any other sector.  Life is perverse and investing even more so.

MS

[bossu]

Westshore seems to me overpriced at the moment , Of course they have a contract with TECK to load coal for now but this contract will not be renew and Westshore have a potential new contract to ship fertilizer produce by BHP and the plant has to be construted and ready for operation in 2025 Syroketing fertilizer price is very good for BHP and their project surely to go ahead with the project

[bossu]

WTE surging share price is not about what they are loading at the moment. The contract with TECK is soon to be terminated ' But the contract with BHP is the main  factor why WTE share price is surging . And Fetilizer  is the name of the game and Westshore will have a 25 years contact with BHP and this is what the market like. The best investment would have been to buy when TECK

[SargeX]

Hey MS Just for clarification, Teck mines metallurgical coal for steel making. It is quite different than thermal coal that is used fro electricity. Met coal has generally always been in fairly high demand. Now, having said that, the Russion coal that is being imoprted by Europe and the likes is indeed thermal coal. It is totally ridiculous that Europe killed its thermal coal industry to then

[marketsense]

No problem gentlemen.  I made the switch @ $28 and as you can see WTE is already where ALA might be by the eoy or the 1stQ of 0'23.  That is nice profit in a hurry when they were trading near the same price.  Now I have the option to switch back to ALA if I choose which is not really a bad move IMO.  I rarely pull this kind of stuff off as I'm  mostly a buy and

[Jtpatrol1]