Analysts at Macquarie Research said in a note before Christmas: “We are certainly in a sweet spot for commodity prices at present, and it’s a good time to be a resource producer.”
Statements such as this should be telling all that the time to act is now. Waiting another year to get the Ring of Fire going would be unwise and defeating. Our pool of institutional investors know this, and I am certain they will act swiftly this coming year. Too much time has gone by, and too much money has been sitting idle for them to now watch their investments suffer further loss through the inaction of our governments and First Nations. This is the year I think they will show how much power and influence they have, by forcing the hand of those who have been holding things up, so that we can move this project forward; IMHO.
TM.