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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL.PR.G


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Energy Oil & Gas Midstream
Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

TSX:PPL - Post Discussion

Pembina Pipeline Corp > my comments
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Post by SargeX on Jul 26, 2021 12:52pm

my comments

Here's my post from the IPL board. Totally agree with a number of posters here that think this is great news.

Ciao
  Sarge


We did a similar thing selling all our IPL between $19.10-20.25 (after holding for 11 years so made some decent dough, mostly on divys) and just spread the cash around to some of our existing holdings. We already had a full position of PPL before that so didn't add to it.

I was definitely pleased as punch to see the news this morning. It's the outcome I was hoping for as I didn't really like PPL taking on all the IPL debt and I figured there'd be some additional drama to come. I also love PPL getting the break fee. 

Now I'm really just a spectator but am very interested to see how things pan out. In the end, I still think Bayle is a total toolkit and that the board scr*wed the IPL shareholders big time starting with doing Heartland without a partner.
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Pembina Pipeline Corp