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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by RiskyBiz39on Jun 18, 2013 9:47am
233 Views
Post# 21536776

Big A Has It RIGHT DEBT DEBT

Big A Has It RIGHT DEBT DEBT

What if utlization rates are 90% come September, then Jan when the big payments are due.  Better get that debt restructured. Too bad about the bod deal last year.  Going to be very hard to get that same BB- rate.  We shall see..Not much up side future based on todays utlization of 85-90% and servicing that big debt. SELL THOSE HRT RIGS AT 50% ON THE DOLLAR AND SEND IT TO DEBT ALONG WITH THE HRT FINES AND PENALTIES. IF YOU WIN

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