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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > Bruderheim links enbridge and canexus
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Post by Cdninvstr on Jun 17, 2014 9:19pm

Bruderheim links enbridge and canexus

I find it interesting that no one has weighed in yet regarding this momentous news. The conditional approval of the northern gateway pipeline which begins in bruderheim now makes canexus a potential takeover target by enbridge. They could certainly use the 450 acre  NATO terminal  to facilitate the handling and storage of condensates and dliuents. We'll see how the market reacts to the pipeline approval. We've already seen a 7% jump from canexus in the last few days when everybody knew the pipeline would get green lighted based on the rhetoric from Harper and Oliver. Thoughts anyone? Kherson?
Comment by Kherson on Jun 17, 2014 10:13pm
Good point Cdninvstr, except I don't think that Enbridge would be interested in the chemical business and the Blunderheim terminal is also an important part of Canexus's chemical shipping business. Right now, NATO is diamond in the rough, if it can be properly built and managed. To sell NATO at this stage in the game will be looked back on as having had given away the goose that ...more  
Comment by rookieman1962 on Jun 17, 2014 10:53pm
Interesting article https://business.financialpost.com/2014/06/17/canexus-corp-assets-would-attract-plenty-of-buyers/?__lsa=5e37-26ba
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