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April 18, 2020

The Week In Review And A Look Ahead!

The Venture leads the broader equity markets with a 34.4% climb from its March low – what does that suggest?

Learn more in today’s Week In Review And A Look Ahead!

BMR subscribers have enjoyed market-trouncing returns through our boots-on-the-ground research and unbeatable technical and fundamental analysis of speculative niche sectors, with Sona Nanotech (SONA, CSE) being the latest example.  

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Comments (9)

9 Comments

  1. One has to really wonder what the hell is going on here, a friend of mine is a finish drywaller( last guy before paint on the interior of a new built) he landed a job in Clearwater B.C. he has been traveling the stretch between Logan lake B.C. and Clearwater B.C. daily(400 kms return) and has been seeing a number of transport trucks loaded with pipe turning off hwy 5 at various points onto logging roads and disappearing into the bush, also crews of 2 or 3 parked at various points along the hwy unloading thier side by sides and disappearing into the bush, so, this tells me the pipeline is being built, but why? Why is this pipeline being built when all Trudeau wants to do is shut down oil sands ? We are very baffled on what Trudeau is doing here. My friend will be doing this job for several weeks yet and he will keep updating me on what he is seeing. This makes no sense At all.

    Comment by Laddy — April 19, 2020 @ 11:01 am

  2. thanks for keeping us in the loop Laddy:)

    Comment by Jeremy — April 19, 2020 @ 3:02 pm

  3. Which pipeline do you think is being built ?

    Comment by david — April 19, 2020 @ 3:18 pm

  4. I think it’s a good thing if they are working on the pipeline.

    Comment by Danny — April 19, 2020 @ 3:35 pm

  5. The best time to do “stuff” is during a crisis, when nobody is watching or paying attention. Like they say” never let a good crisis Goto waste!”
    I think we should 3 pipeline together and simultaneously. A water one a gas one and an oil one. We got it all come and buy from us safely. Otherwise big internationals will buy us( probably already have ) and will do it anyways and take all the profits that belongs to the citizens of Canada! Canada is such ( maybe now was) a great country. Unfortunately the govt is and has been inept to run it properly and we get taken advantage of over and over again. Just saying if we were USA that wouldn’t happen!! My 2 bites, peace out!

    Comment by Alec — April 19, 2020 @ 4:02 pm

  6. We have an incredible opportunity as a nation, Alex, to immediately drive Oil and gas infrastructure (and prepare for the next leg up in Oil prices) and build this sector like you wouldn’t believe (creating tens of thousands of jobs), but unfortunately it won’t happen under the current federal govt. In fact, Friday’s news regarding the “help” the Feds are giving to the Oil and gas sector was a joke – we’ll get more into that tomorrow. Environmental groups heavily lobbied the Trudeau govt. in late March NOT to deliver kind of aid the sector needs – they want this sector to DIE – and they got their wish…

    National Post: “Shortly after media reports emerged that Ottawa was readying $15 billion in oil and gas supports, a coalition of 84 environmental advocacy groups sent an open letter to Trudeau calling on him to reconsider.

    “Giving billions of dollars to failing oil and gas companies will not help workers and only prolongs our reliance on fossil fuels,” the coalition wrote in the March 23 letter. “Oil and gas companies are already heavily subsidized in Canada and the public cannot keep propping them up with tax breaks and direct support forever.”

    You can be sure it’s a different approach being taken by the Trump administration, in terms of doing whatever it takes during this crisis to ensure the U.S. ultimately gains more market share and successfully continues to grow its Oil and gas sector. The U.S. will gladly take market share from Canada, too – they’ll eagerly fill whatever vacuum is created here, and the capital flow will accelerate from north to south. What’s wrong with Canadians that they just sit back and accept this???

    Comment by Jon - BMR — April 19, 2020 @ 4:48 pm

  7. The tmx twinning pipeline..if it gets built, I guess the billions dollar question is , will it ever get used…

    Comment by Laddy — April 19, 2020 @ 5:20 pm

  8. Like Alex said…the best time to get stuff done is in a crisis. I recommend everyone read shock doctrine by Canadian journalist Naomi Klein. Extremely relevant to what is going on right now with the virus..

    Comment by Jack — April 19, 2020 @ 6:25 pm

  9. the Trans Mountain has been operating since ’53. This is the twinning and expansion okayed last year.The existing pipeline will carry refined products, synthetic crude oils, and light crude oils with the capability for heavy crude oils
    The new pipeline will carry heavier oils with the capability for transporting light crude oils

    Comment by david — April 20, 2020 @ 7:45 am

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