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

Cleaning house or jumping ship?

[mikoola72]

News realease about 1 hour ago: Andy Lacara, Senior Vice President of Operations, has decided to transition out of his role at Canexus to explore career opportunities in the United States. The Corporation has commenced a search for his replacement. To ensure a smooth transition, Mr. Lacara will remain with Canexus until December 31, 2014. Are they cleaning house or is he jumping ship? Any thoughts. Earnings out in about 2 weeks-I suspect that the dividend will be cut a minimum 50%-coincidence or not. We will soon be close to tax loss selling time as well. Just frustrated.

[bigbear4511]

rats fleeing a sinking ship...

[philip3]

People leave corporations all the time for a number of reasons.  I don't think I would read much into it.  Here's my risky dumb comment for the year... I don't think the share price can go much lower, I mean how more much bad news can you get? Thank God for the chlor alkali business. 

[pnwpokerdude]

"Thank God for the Chlor Alkali business".....? Perhaps more accurate to say Thank God for the Chlorate businessbusiness (sodium chlorate).... Chlor Alkali plant at North VCR is a major bogey for CUS..... Chlorine plants run based on chlorine demand. CUS is a long way from Cl2 outlets (USlGC), and even their attempt to burn their way out of the cl2 problem (HCl burners) will eventually

[Kherson]

The BOD of Canexus does need to clean house. The first clown that needs to be shown the door is the CFO... Kherson