CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:Good quarter

[Kherson]

mattmackinze wrote:
Good quarter in a difficult environment. Poor old Kherson gets it wrong yet again. Nice that guidance remains unchanged at 1oo to 110 million of cash operating profits and six banks have made commitments to a 425 million credit facility. Just goes to show yah Kherson is always wrong.... Way Too funny

I guess Canexus hasn't explained to you how they actually determine the metric "cash operating profit". Once they paid all of their bills, they only had $40,000 left for the quarter! In their presentation from July, Doug clearly points out that they will be creating 50 cents a share of shareholder equity within two and a half years! $40 thousand a quarter just does not cut it towards the goal of $90 million of increased equity in the next 8 to 10 quarters... By the way, what happened to Robin from IR? Kherson