Brian

i agree with having a stake in Canadian currencies.I don't have to much faith in the € too.

The currency picture can change in time.If you read about Canada's recourses they had a lot of advantge towards both the US and also Europe.Both nations are sick because they took to much risk in the banking sector and lived above their standards.

It looks Canada has lower risk from their banks + they have many commodities also .That's in favour for them.Now that oil has risen into the 70 + zone and though economic activity will be slower then it was and will take time to recover like you many times wrote others will take over like China and India etc..So that can benefit the cad $ .If you look to long time currency charts now the Cad $ has reached a crucial level for the €/cad $ .Can't found one for the us /cad $ so far but will be looking at and post later.Assuming the US and Europe which I believe wil be on a long track to regain a decent trend again because the huge debt situations they are in now will have impact on their grow for many years .

But if oil can stay at 70 + or higher in time Canada has that advantage as a plus so their currency can overtake the us $ but also the €.Then we both do good to be in that currency.

Agree also that CLl need to have some luck for a year or two.Question for me is how they gonna finance the next projects?Another dillution is terrible for us.

What to think if they found a partner who takes a stake in CLL for financing.At least the debt problem gets lower .Would that be good for our sp?