GREY:BNPUF - Post by User
Comment by
GoldOilInvestoron Jun 16, 2019 1:05pm
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Post# 29830268
RE:RE:This will continue dropping as----
RE:RE:This will continue dropping as----Unless this company goes bancrupt, its dividend will pay for the purchase. I feel that its cash flow can sustain its operation and the debt will not be a problem if the share price rises. The debt looks big only because the share has plunged from 40 dollors to 40 cents. I am buying it realizing I can loose everything. I also are loading up Birchcliff and a couple of other mid-cap. But I feel the old companies like Bonavista should be rescued by Jason Kenny. Otherwise Alberta does not have an economy and he may face tough choices. Calgary is having demonstrations everyday and people are getting angrier each passing day. The independence is increasingly becoming an option by the masses. It is not good.