NEWALTA CORPORATION T.NAL

Trican was 0.40 cents in 2016

[EstevanOutsider]

And now $4+. Just a reminder of how quick things can change in so little time. Patience is a virtue and Newalta will be back too.

[compsys68]

The 64K question is... "What will NAL's catalyst be for movement back above the 2.50 level?" ....My guess is 1. end of this year (tax loss selling to be over) 2. announcement of further improving EBIDA 3. Completion of the refinancing at a rate under 6 % maybe ever under 5% but I'm not holding my breath on under 5% What do you think the catalyst will be ?

[EstevanOutsider]

i think patience is importance here. i can think of quite a few oil stocks (like trican, cathedral, even pengrowth) that have come back from dire straits recently in a short period.  the cataylyst in my opinion, positive forecast for oil and overall good sentiment.  more improvements in the coming quarter and some good PR would be nice to let investors know what newalta is up to. &

[compsys68]

Thanks for your input EstevanOutsider... I would like to hear from the other posters what they think....don't be shy people....

[EstevanOutsider]

if this api draw #'s are confirmed tomorrow, i think it is a game changer going into the 30th of nov meeting with OPEC (assuming they extend the cuts.)  API reported a draw of 6.30m barrels, that is beyond huge for a bearish month in Nov. If EIA confirms at least half of that, I think it will be a catalyst for WTI to surpass $60 by the end of Nov, maybe even by the end of this week. We

[turnaroundking]

Compsy and others: I have been following your posts for a couple years now and have appreciated all the input and opinions. I am a current shareholder, initially purchasing a small portion @ $14 a share near the end of 2014 and beginning in late 2016 I have been adding in greater quantities. Needless to say, this stock has been an extremely frustering hold but I have not and will not throw in the

[compsys68]

One of the best posts on this board for a long time..... and yes today was a better day, but at 58.00/WTI its soooooo Ugly that we are not over 2.50. We better get a AMAZING rate on the refinancing... 6.5% or less..... Again Turnaround KINGNICEPOST !!!! Once NAL is back over 5.00 we should meet for a Drink.... YYZ OR YYC ???