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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by StPeteron Jul 16, 2008 12:03pm
330 Views
Post# 15298313

WHY

WHYwould the price be higher than it is ?

No financing has been done for Lac Rocher thus no 2008.....and maybe no 2009 production.

Nothing happening on the MEL property.

Minago has six to eight years of environmental permitting and aboriginal claims in front of it.

Price of Nickel is falling.

Financing is ferocious in this environment.

IMO good chance we have not seen the 52 week lows.

P.
Bullboard Posts