RE:Hi Altius Board A question
I sold my ALS in Jan.'14, so I no longer have any skin in the game. At the time I stated that I didn't like the coal assets they purchased, and I still don't. Save your defence; I've heard it all before. As it turns out, none of the other "resource" assets are really doing too well at the moment either, and resource cycles can take a long time to change direction. The only deal they did that has saved this last year from being a loss was with VGQ (which I held directly). I don't like this current Callinan deal from the ALS perspective, but it was great if you were/are a CAA shareholder. I respect Brian and the crew, but they don't walk on water and have had missteps in the past. The chart says we're going to see $10 sometime soon, and my feeling is that we'll probably see low $9s this year.