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To: UPTICK who wrote (147960)2/23/2009 10:11:30 AM
From: ogi  Respond to of 313174
 
Some background DD and some intuitive sense that NCX should not
collapse over bank covenants, they had the money, but were stuck with bank terms. NCX consumes over 20% of all Alberta Nat Gas, despite what the Premier said, failure would have been very nasty for Alberta and for Ontario wher they also have significant facilities.

Cheers,
Ogi