Posted Nov 16, 2008, 2:05 AM
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Registered User
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Join Date: Jan 2007
Posts: 110
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hey, i never posted that article to celebrate!! i posted it to show the nature of the industry right now, and the fact that projects people thought were 100% solid actually have underlying weakness, not due to the demand, but because of the financial mess of credit markets... it is under construction, but until that loan comes through they won't be able to continue... thats all im saying, i am not trying to diss calgary at all... of course it is in all partie's best interest to have this project move ahead, but if the funding doesn;t come through, they will need to look at other ways to complete...
i am just highlighting the global market conditions and how even the most sure things can be at risk so quickly... sorry if people took it the wrong way..
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