RE:RE:RE:RE:re CAW CAW LIKES THIS DEAL
i don't presently own any iae,lol. these notes will not be at a low interest rate, they will be at a rate the banks dictate to iae, not what iae dictates. i bet the rates are closer to 10% than 5%
the extra money, as stated, is being used to pay down the loc, for now. i suspect the money will be used for stella cost overruns, and shutdowns and well workovers imho. also to pad managements pockets since they won't buy iae stock, lol.
now mr caw caw, take a minute and put up a 3 year iae chart against pretty much any canadian intermediate oil and gas company, then tell me what a great job management is doing! iae is still in the penalty box and a show me stock due to miscue after miscue. only thing iae's management are pros at so far are ineptitude and deception, lol!
imho this is a stock you can trade, definitely not a buy and hold for me. companies like sto su dee spe bir sgy, all of which i hold and maintain my position and trade afew. have recently bought tlm and took a flyer on bbi and cav, both look real interesting.
cheers ferret