Inter Pipeline (fka IPL)

[Argus63]

Go IPL!!!

GLTA

[Argus63]

https://financialpost.com/globe-newswire/brookfield-infrastructure-has-clear-path-to-acquire-inter-pipeline-ltd-tender-deadline-of-5pm-mountain-time-on-august-6th

[Argus63]

https://oilprice.com/Latest-Energy-News/World-News/Pembina-Terminates-Agreement-To-Buy-Inter-Pipeline-In-All-Stock-Deal.html

[Argus63]

Yes!!! Lowball takeover bid withdrawn. Only up from here.

IMO GLTA

[Argus63]

Merger??? Yes or No? BY AUG 6?

GLTA

[nowwhat2]

Crude resumed flowing on Sunday after 9,120 barrels of oil leaked out in North Dakota in late October, marking Keystone's largest-ever spill. Pipeline operator TC Energy (NYSE:TRP) said the line will now operate it at a reduced pressure, gradually increasing the volume of crude moving through the system. Users of the pipeline are also concerned that Keystone's transportation exemption - for higher than standard pressure levels - may be at risk after four significant leaks over the past decade.

[nowwhat2]

Received this in my Inbox - Almost looks semi-worthy
https://www.fool.ca/2019/09/26/income-investors-3-high-yield-stocks-to-boost-your-tfsa-pension/

Reason for up-spike
https://www.nationalobserver.com/2019/08/12/news/inter-pipeline-confirms-takeover-offer-regulator-request-after-stock-halted









http://www.interpipeline.com/operations/new-projects.cfm



Almost appears worthy - Except for the (2nd chart) Clonk Element (which could force it back down to $22 bucks) especially if the (top chart) short-term diagonal gives way.