Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Claude M who wrote (539)	9/18/2019 6:45:07 PM
From: Underexposed	Respond to of 914

BC and Ontario didn't want the pipeline! how come the journalists put all on Quebec fault! BC is becoming less of a problem... they have lost 2 court challenges and I read the provincial environment minister admit they could not stop the twinned Kinder Morgan pipeline BUT they would lobby hard on the environmental protections. I am fine with that... I used to work for Environmental Protection Service back in the day when care for the environment really started to mean something (1970s)... if they can hammer out something good everyone wins. I think Ontario is less of a problem politically...but it is difficult to build a pipeline through the Canadian shield... not like digging in soft ground. I don't think Quebec as a whole is a problem...specially now with the bombing of Saudi refineries... I think the oil delivered to the Port of Montreal is from there. The stumbling block in Quebec is the mayor of Montreal.... he refuses to allow the pipeline through/near the city... why they cannot go north of there...I don't know. But they transport oil by train in Quebec and the rest of Canada; the problem is the rails I agree 100%...when I was 18/19 years old (early 1970's) I worked summers on a relay gang in western Canada. It was on the CNR tracks laying 1/4 mile rail. That was good rail...1/4 mile with no joints....less wear/tear on the wheels. It was an 80 man work gang and we could do 5 miles of track (on one side) per day. Back then we worked on major secondary lines but not the main line (you had to stop traffic for 12 hours/day) At 5 miles/day you can imagine how long it would take to do every mile of rail in Canada. The increases in load weight and size of trains (sometimes 1/2 - 1 mile long) really tears the crap out of the rail... Also back then you had 10 mile sections manned by section men to look over their piece of the railway.... those days are long gone now. So maintenance is done when a problem shows itself as serious. what I think they should do is build a railway corridor across the country width sidelines to important places. This corridor would be top of the line rail /maintenance for heavy oil, minerals, grain and containers... the heavy traffic items. Passenger trains are passe in Canada except in high population areas. For oil...pipelines are the best solution.... eventually the problem parts of the country will realize this... making it give an economic benefit to the various areas is probably the best way... give them an incentive. The line to Churchill, Manitoba is a good example.... that is a line built on muskeg... when we worked on that line there was a derailment every 10 -20 miles due to the poor base. With global warming happening, Churchill will be a very important year round port and right in the middle of Canada. An American company bought the line off the CNR... they did not sink a nickel into upgrading the line. When the bridges washed out and rail degraded they gave up and it cut off the port of Churchill for a year. supplies had to be flown or shipped by sea in the summer...very expensive. Finally the best of solutions happened... a consortium of native bands formed a company and bought the railway...in a month they had basic rail traffic established gain. This railway line is a perfect source of income/jobs for them in the North... If they follow through with improvements that area will blossom as a deep water port....win/win IMHO UE