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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 messanger9on Mar 16, 2009 2:38am
341 Views
Post# 15846278

Delisting

DelistingIf the TXS delisted every company that did not qualify there would be some very busy people drawing up lists.  eg. NWI  and WM which trade at alot lower levels. I think DM is safe as long as this economic enviorment exists.  Maybe after the economy recovers and select companies dont they will consider delisting.  DM has a great resource.  It will recover with the price of Cu an Ni, not before.  Great chance to acumulate and put up on the shelf for 2-3 years.  Probably a 1500% gain even if it goes back to its old price which is very conservative bet.  The world is not ending and it is a good bet that prices will surpass its old highs in the not to distant future.  Prices may drop further, possibly 10 or 20%, but they seem to have bottomed.  Other base metal companies which have production have recovered 20 to 40% in the past 3 weeks.  Note that copper is creaping up and Ni has remained stable. Exploration companies will take longer to recover  but a shortage of metals is comming and it will make the last bull market seem tame in comparsion. All is not lost.  Cheers.

GLTA
Bullboard Posts
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