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To: sportsman who wrote (2127)11/30/2001 9:54:44 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 11633
 
Hi Sportsman,
What you posted is what Ms. Harrison told me also. I had also e-mailed her the other night but have not as yet received a reply. Obviously her information was not up to date. Another lesson here for me is that hearing that hedges are in place is not enough. I guess we need to know the type of hedges and counterparties if any.

re: Enron hedges I guess it appears that:
The remaining 2.0 Bcf contract is a financial hedge with Enron Canada Corp. PrimeWest is currently exploring its legal rights under the contract and is closely monitoring the situation with Enron Corp. and Enron Canada Corp.
to determine any further action to be taken.
is the main issue ?

Sigh, more to learn. Now I know why the financial planner I used to use, just put money in all the old familiar mutual funds, poor guy was overwhelmed LOL.

regards
Kastel
a cute and cuddly Canadian