Didnt we hear in the media few months ago the Chinese were pouring 2 billion bucks into constructing a railway for the iron ore around here? Wouldnt surprise to hear of a CMR kinda deal where the Chinese put up the whole capex for half (?). Then again given its really only a relatively small deal cf to the billion bucks they will prob be outlaying for half CMR's sulphides, more likely to see a complete knock-out punch from an energy provider major instead. IFF that 100 mill buck call is right, then we are talking a NICE multiple of current market cap to look forward to. And if so can see us ending up a pure U/energy explorer with shareholders getting the buyout as a cap return. What a nice Chrissie present that would make hey? Hopefully this Xmas haha. All depends on what our leaders want to do I guess. But sure looks like we are ahead of the game here. IMBOOC
ENB Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
