Veresen Inc. T.VSN.DB.B

First one to the west coast................

[darb]

.............wins in the LNG race! It appears VSN is the lead horse, over 6M shares traded in two days!!

[NoNukNuk]

The market has not been all that enamored of the LNG prospects.  Low gas prices.  Are we in for an era of lower energy costs?

[darb]

Tell that to Asia or Europe! The gas price is only low where there is a non-exportable glut (N. America).

[MOJOJONO]

Q3 Report, key things about going for LNG terminal are the development and building costs and the financing. Could still take some time for an update... and very curious about how they will finance it.  Still in active negotiations to secure long term arrangements. They also mention "final investment decision - expected in (mid-)2015".... Target production mid-late 2019.