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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Comment by factRbeston Feb 26, 2018 12:29pm
110 Views
Post# 27621565

RE:any thoughts?

RE:any thoughts?knowbyheart22 - (2/14/2018 11:46:39 AM)
any thoughts?
this keeps dropping and it is worrying 

I am certain that once they renegotiate their debt to a better rate they will be in a much better place

any thoughts on this?
=========================================
I don't own this one but has been on my watch list for some time.

The thing that keeps me from buying is the discount that Canadian oil producers have to give for their oil.
As oil prices rise that discount is getting worse and not better.

Since NAL depends on oil companies spending money it would be great if they also made money or more sine oil is going up.

I do not know how this impacts NAL but I think it must be the reason why its share price is weak along with the Can oil producers.
If anyone has info regarding this as it applies to NAL please post.

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