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Mount Logan Capital Inc N.MLC

Alternate Symbol(s):  PYCFF

Mount Logan Capital Inc. is an alternative asset management and insurance solutions company. It is focused on public and private debt securities in the North American market and the reinsurance of annuity products, primarily through its wholly owned subsidiaries Mount Logan Management LLC (ML Management) and Ability Insurance Company (Ability), respectively. It also sources, evaluates, underwrites, manages, monitors and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present low risk of principal impairment through the credit cycle. ML Management is registered as an investment adviser with the United States Securities and Exchange Commission. It is registered to act in an investment advisory role for clients in the United States. Ability's long-term care portfolio's morbidity risk has been largely re-insured to third parties, and Ability is no longer insuring or re-insuring new long-term care risk.


NEO:MLC - Post by User

Bullboard Posts
Comment by chux02on May 21, 2010 12:58pm
263 Views
Post# 17122468

RE: Mar holding well considering

RE: Mar holding well consideringYes....

I'd say that one has until about the 4th of July to add either MOA or MAR shares. The opportunity to add cheap MOA shares was when it was back at .38 cents a few short days ago. That's kind of a....weird stock as it's hard to figure and plan it's moves, in relationship to the price of gold too. Why it dipped and it's back in the mid .50's now and even yesterday it looked uncommonly....strong in all the turmoil yesterday, I don't know. I would think another angle of MOA share ownership would be the BUY-OUT option that surely has to be....dangling over that entire company, if you ask me. Especially if they find more gold at Valentine Lake. Anyway, having shares in BOTH would be better than having them in either but if you like buying weakness like I do, then clearly Marathon is the BUY of the two right now.

And finally, you won't find a more pro development - use the natural resources guy than myself. I know through proper permitting, engineering and oversight they can do marvelous things to accomplish their goals. HOWEVER......I don't know which one came up with the brilliant idea of dumping tailings in the lake but I believe that....idea should be PUBLICLY QUASHED ASAP and plan B implemented instead. There's NO WAY that option could ever be swallowed by the public and it will wind up tying up this project needlessly in red tape, delaying the inevitable, potentially for years. And getting it through the thick skulls of the head nut(s) here at Marathon that the sooner they realize that this will NEVER happen and get on to plan B, the better off EVERYONE will be. I believe the SHARE PRICE WEAKNESS you're seeing today is the BLOW-BACK from this exact news story. Let's hope that this was just a....TRIAL BALLOON so that they can put this option in the garbage can, where it belongs and get on to SUCCESSFULLY developing a PGM mine at/near Marathon on time and on budget.
Bullboard Posts