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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 > Who is interested in Blunderheim?
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Post by Kherson on Jan 22, 2015 11:34pm

Who is interested in Blunderheim?

Well, according to Doug, there is only one E&P organization interested in Blunderheim, whereas there are a few mid-stream organizations interested.
When Doug talked about Blunderheim, he mentioned very passionately about Scope Creep and the fact that the Blunderheim project had silos in the management scheme of things...
Blunderheim is an exceptionally high fixed cost facility, so with the present 5.5 unit trains a week, Blunderheim is just breaking even...
The statement of claim against MEG will not be resolved for a number of years. The legal question of ownership concerning the connection point should be decided by a judge any day now...
Any deal on Blunderheim should be closed by the end of Q2...
Kherson


Comment by ocean112 on Jan 23, 2015 12:10am
Where are you getting your information (or are you making this up)?  The Whistler Conference is by invitation only according to thier website and is usually for senior executives.  So either you were invited to attend and a highly respected executive who in his spare time, likes to share his wisdom with people like us, or you are getting this information second hand, or you are making ...more  
Comment by Kherson on Jan 23, 2015 12:26am
LOL... Ocean112, why not put me back on ignore and crawl back under your rock... I gotta call it a night. I don't want to miss Jeff Tonken's presentation at 8 am... Kherson
Comment by ocean112 on Jan 23, 2015 12:35am
I have the schedule here too....that doesn't make me an attendee....(nice try)....anyway - I missed you man! (But for the benefit of the board - I will digress and crawl back under my rock for now - someone has to keep you honest  - sanity to counter insanity so to speak - so it might as well be me). FRIDAY, JANUARY 23   MACDONALD C MACDONALD D  ...more  
Comment by phoenix_trader on Jan 23, 2015 12:46am
I guess the CIBC police will be on special alert tomorrow morning. Assuming you are right about Birchcliff presenting, then both Canexus and Birchcliff are making presentations which are not known to shareholders, time for media exposure and regulators to set the rules.
Comment by Kherson on Jan 23, 2015 8:50am
Trader, these presentations occur all the time. Looks to me like you are truly out of the loop... Kherson
Comment by 6milli on Jan 23, 2015 8:59am
Kherson do you have access to any presentation or a link to an audio webcast? I'd love to hear the presentation. Thanks!
Comment by Kherson on Jan 23, 2015 9:20am
6 million, check your inbox. The interesting stuff occurs at the 14 minute mark when the Q&A starts! The real dilemma facing the possible sale of Blunderheim is discussed at the 18 min. mark...  I do applaud Doug for being honest with the facts. Sadly, the facts are being covered up by certain posters on this board... Kherson
Comment by ocean112 on Jan 23, 2015 9:52am
perhaps you can share the link with everyone?
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