Vicwest Inc VICUF

RE:RE:RE:Q4 Results

[Honestjane]

So #1 was the material announcement on my list above which was refinancing of credit facilities to something less restrictive (covenants I assume) supposedly to take advantage of commodity market pricing.  They were using the previous facility for that but things have obviously become tighter.  And Q4 results tba next week which is later than normal.  So this would all appear to be linked.

Note today Scotiabank has reduced its price target to $13 from $15.50 but still has an outperform rating.  Price is down today.