GREY:CLLZF - Post by User
Comment by
massivemeltdownon Feb 21, 2013 10:28pm
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Post# 21026684
RE: RE: Feb 1, 2013
RE: RE: Feb 1, 2013 Ever hear of a company called Skope Energy. I beleive CIBC took a big haircut on the lending they had out to them. An increase in the line of credit may be bullish, imo, however the renewal is just a lifeline until an exit strategy is mapped. Not renewing would likely mean certain insolvency...all just hyperbole and speculation however an example where bankers are not reliable in the determination of a company's viability. glta.