Nexxen Shareholders and responsibility

[mustardman]

I think nexxen shareholders have a Moral obligation to NOT sell their shares to chinese corp.
Money is not Everything. But they will probably sell and then we Expect the Fed gov't to turn down the deal????

First line of morality stands with the shareholders.

[wmoebis]

Morals are reserved for use on Sunday mornings only.

[ASRG]

Why isn't it moral? The government of Canada has no problem dealing with Communist China, Cuba, and just about every tyrant and dictator in the world....why should Nexen shareholders be any different?
If China wants to buy your grain do you get all bent out of shape and refuse on moral grounds?

[mustardman]

I am all for them buying Our grain, or oil or Potash.
But I don't want them OWNING the farms, the Oil Industry or the Potash Mines in Canada.(which by the way is slowly happening)

[ASRG]

So is it just China you have a problem with? How about the USA companies? Or the state owned companies from France, Norway, Kuwait, Dubai?
Pretty hard to condemn China when we sell to a dictatorship like Kuwait and Dubai, which have fairly dismal human rights records?

[Burbert]

Sell to the highest bidder. Let the
market rule. Who cares, wes capitalists
ain't we? Morality has nothing whatsoever
ta do wit the market, lyin and cheating
rule. Getteer while ya kin is my motto,
were here fer a good time, not a long time
is what the tune says!

[wilagro]

Of course Harper will okay the deal. Any sell-out as long as he gets another free-trade agreement to boast about.

The Chinese see him as an amateur and cater to him as long as they see potential there for inroads into our resources.

That is all we need...a whole raft of furinners getting our resources for next to nothing and we get the pollution and LOSS OF CONTROL.

Harper hasn't a clue of what is right for Canadians. Like "Jack and the Beanstalk"...he'll sell us out and we will be poorer for it in the end.

[ASRG]

Wilagro:What has been going on for the last 50 years? America owns our energy sector....in case you didn't know?
Who cares if some guy in New York owns it or some Chinese Guys? If you feel really strongly about it go out and buy the stock?

[wilagro]

ASRG: Actually we as Albertans DID own many of our resources until successive PC governments played Santa Claus with them and sold them at a fire-sale price to foreign-owned oil companies (mostly American) and now are willing to allow even more give-a-way deals with Chinese State Corporations. I guess our future needs don't matter.

Did you read that our CSIS regards this deal as a security risk...who'd a thunk it? Someone actually had the brains to figure this all out.

Harper and his bunch are simpletons with NO foresight whatsoever.

[ASRG]

On the other hand....if I owned Nexen stock (I don't) I'd be pretty pissed off if Harper nixed the deal?
Don't forget this isn't the "first sale" allowed to a Chinese state owned entity? Several oil sands investments and shale gas in the Horn River?
We can't even find out the ownership structure of the proposed Northern Gateway Pipeline.....but definitely some Chinese investors (and probably state investors)!
How does the Canadian government decide which is okay, and which isn't?
Maybe it is the size of the bag of cash handed under the table?