Post by
Wynjoe on Mar 06, 2021 12:20pm
Suncor working behind the scenes...
All oilsands projects have taken a bigger hit because of enviromental concerns,however,money talks,and when Suncor once again proves that it is a cash machine,and already has green projects of its own,as well as decreasing its carbon footprint,Suncor will catypult skywards.Oil will be needed for the forseeable future,and i doubt if that will change,hopefully the goverments of the world will put a stop to new development,which will increase the price of oil,but demand that existing operations enhance the reversal of thier own carbon emissions.At any rate Suncor is in control of "Billions"of barrels of oil,and will continue to be a world leader in the development of oil,and oil products.Divy will be increased,at some point,so if your like me,and holding shares at these s/p price levels,the future looks really bright indeed.I see a very long upward trend,while collecting increasing dividend payouts,EXTREMELY STRONG BUY!!!
Comment by
firstworld on Mar 06, 2021 3:57pm
Only a Canadian would even speculate that future development on hold is even a remote consideration. SU needs to be nationalized now to repay all the welfare and subsidy dollars over the decades and clean up the worlds largest environmental mess tailings ponds. Use this cash machine to support all the welfare cases in Canada.
Comment by
re1ndeer2011 on Mar 06, 2021 9:54pm
That is " leftist dribble". Sun Oil took the gamble about 70 years ago, not Government but USA speculators....that same spirit is alive and well today with the innovations Suncor is using to reduce and recapture CO2 today. Footprint per bbl is reducing.
Comment by
ilvmyt5s on Mar 07, 2021 1:01am
maybe Canadians should turn off the cheap oil sands spigot for a week? see what happens?