I've been trimming a few pipelines that I hold to add more energy in here. Yup I might be to early , maybe way too early but these prices look a little crazy. Not much different than when I was buying Interpipeline in the $6's a few years ago it seemed nutty and now just sold some in the $20's. IPL.UN and some of my other safety stocks seem as overpriced as many of these juniors are underpriced.
If these juniors turn into long term investments so be it. No risk , no reward. Hmmm , seems I've been saying that a lot lately :)