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

We maybe wrong...and

[TimeBuilder]

Stand to be corrected.....Canexus is "currently" a chemical manufacturing and handling company that is NOW getting into the oil transportation business by rail and pipe. They donot produce any oil. Are they experiencing some major problems? We think so based on just what we know from the News Releases. Contract issues maybe another future problem! Really difficult to think positive with what we know to date. JMHO Still long, strong and patient...Time Will Tell GLTA

[itsalie]

you are correct.. the problem is the chemical side of the business is in a downturn which dropped the stock from 9 bucks down to 6 bucks. and the rail side, which I think was good foresight by management has kind of shat the bed with incompetency.. so I am not sure there are any positives for the next couple of quarters

[dask]

Canexus Magt knew the Chemical business and changed course to be a Oil loader  as well. Based on the overrun Magt, mostlike overestimated its capabilities to to access the pitfalls of such a new venture. Teh Street is responding with a sell off, the addition $90-100 mil will needs to be paid off, with the CAD at .92 cents would suggest and increase of interest costs. How much can be earned by