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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by M139on Aug 30, 2014 7:20am
292 Views
Post# 22892396

Sand is the New Gold

Sand is the New GoldWe are now a cash producer, selling a high demand commodity... that in itself is an amazing feat.

Add stage three, where we have practically free sand (at the cost of removal), that can potentially result in the startup phase for NI to expose the Nickel on Minago. If you ask me, the sooner they concolidate, the better.

Once we hit stage 3 at Victory Silica, NI could well be starting stage one at Minago and ideally using revenues from the sand sales. If they can do the whole thing without dilution and minimal outside financing, investors be hard pressed to find shares for sale, and then things will get very interesting imo.

M
Bullboard Posts