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

friday nov 4th

[mo1975]

it will be interesting to know if  they will divulge where the 110 millions went???? and how much of it will or has been applied to debts  and how much to supplement cash flow to in order to paint a brighter picture.....or since the notes would affect the 4th quarter result they keep it out of the third quarter equations...

this will be interesting, and I am looking forward to the comments by Kherson and Mattcrusher 
that will be obviously posted on this board

[Mattsmackinsze]

Canexus has already stated that the 110 million raised was to repay existing debt. They said they intended to fully repay the 75 million non revolving credit line that was due May 30 2017. You appear to be counting this debt twice in calculating their total debt. Do you own any shares of canexus ? Or do you believe canexus is worth below zero like the Kherson moron. The market, billionaire's

[mo1975]

i believe that the debts are greater than the liquidable assests... if tomorrow cus has to sell their assests ( building etc.) there would be nothing left .... there is great value for chemtrade or superior in the fact that there is a large income tax benefit not drawn on that would be transferred to the acquiring company... also they have a good market contract establish... however there is not

[Kherson]

Very good points Mo! Let's say that Chemtrade does indeed withdraw their takeover bid, which I am leaning to believe they will after the Market learns of Friday's poor financial results. What will happen to the share price then, sub $1 Canadian? Something else to think about here, is Chemtrade and Stirling in communication? If they are working together, would it not be an ideal