SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: VisionsOfSugarplums who wrote (1383)9/10/2001 12:10:54 AM
From: Lorne Larson  Respond to of 11633
 
Good post. One would think that this will put this matter to rest. However it won't. The man is a complete imbecile.



To: VisionsOfSugarplums who wrote (1383)9/10/2001 1:45:16 AM
From: Peter W. Panchyshyn  Read Replies (2) | Respond to of 11633
 
If the Empress contracts were priced in
US dollars, that price wouldn't make sense.
It'd be too high. The price is tagged off
of the US market but transportation must
be paid to actually get it to that market
(or vice versa).

----------- Who ultimately pays for the transportation of the product , any product that is sold or produced. Is it the producer or is it the buyer? You make it out that the producer has to absorb ALL the costs. Ultimately who pays the costs. If it costs ( and shipping is a cost) me $5 to make or get a product I am not going to sell it for $5, it doesn't make sense? What you seem to be saying is that I should be happy to sell it for that. Now the buyer on the other end he needs that product to use or resell. Is he really going to say I am only going to buy it from you for $5 take it or leave it? There is a good chance the producer will say screw you. What then does that do to the price. Your so caught up in numbers you can't see the broader picture.



To: VisionsOfSugarplums who wrote (1383)9/10/2001 1:57:45 AM
From: LLCF  Read Replies (3) | Respond to of 11633
 
Just following along here and thought I'd throw in that the transportation costs you're talking about assume that the particaular "arb" takes place. You are correct [if your numbers are right, I don't know] if one assumes they will buy @ Empress and sell @ Heny Hub but as in other commodity arbs, there may be other destinations... even end users no?

dAK