Quanta Services to Install Island Falls to Key Lake Transmission Line for SaskPower


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Quanta Services (NYSE: PWR) announced today that SaskPower has selected Valard Construction, a Quanta Services company, to install transmission infrastructure for the Island Falls to Key Lake Transmission Line Project. Under the terms of the contract, Valard will build approximately 186 miles (300 kilometers) of 230-kilovolt transmission line in northern Saskatchewan. The project scope includes foundation construction, installation of approximately 900 transmission towers, wire stringing and related project management.(Logo: http://photos.prnewswire.com/prnh/20110810/MM50805LOGO) "Growing economic development in northern Saskatchewan has created an increased need for power. SaskPower is investing in its electricity system to ensure it meets the power needs for our region, today and in the future," said Robert Watson, president and chief executive officer of SaskPower. To minimize environmental impact, the route of the new transmission line will parallel an existing SaskPower transmission line. Valard has initiated engineering activities and the project is expected to be complete in the spring of 2015. Once in service, the new transmission line should increase reliability and provide infrastructure to meet the growing demand for power in northern Saskatchewan."Valard enjoys a strong working relationship with SaskPower, and we are eager to leverage our knowledge of the region, experience

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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