Sue's Blog

Wednesday, January 05, 2011

Silliness says Jon

"Can you please provide some discussion and proof that this is a huge giveaway as you call it. Arguing that there is a hypothetical chance that HQ may someday buy out Emera is just silliness."

Above you will see a comment to my post "timing is everything".
The comment is from "JON" who will not be published again on this blog until he identifies himself and what his interests are in this area.

Let's give Jon the benefit of the doubt right now and believe he is not a conservative zealot, a party worker, or an investor in this area - standing to gain directly. In that light let's discuss Jon's comment.

First let me respond with the obvious, arguing that there is a hypothetical chance that the price of oil will go up is just silliness - also known as the Upper Churchill. Further it is apparent that JON is ignorant with respect to the history of HQ. He needs to study.

Now let's just say Jon loves "danny". Danny "believed" that HQ would do anything to prevent Newfoundland and Labrador access to continental markets. It was in that light that he said he would not deal with Quebec. So let's follow Danny's thinking through. If HQ had any possibility of purchasing assets that would affect such prevention they would certainly do that.

For shareholders current and future of Emera the thought of a drooling suitor (HQ) means the lotto might be around the corner. But then again if in politics particularly if part of the Lieutenant Governor in Council - one might not take advantage of this.

So my blogging is more on the end of thinking about what could be and even what probably will be.

The problem is the deal-maker (danny) failed to in the terms prevent this from happening - in this instance you can drive an airbus through the deal.

Stop this giveaway.

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