TSX:CUS.DB.D - Post by User
Post by
Khersonon May 07, 2015 7:33am
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Post# 23703029
No Deal...
No Deal...Since it now looks like neither N. Van. or Blunderheim will be sold, the debt issue has just gotten a whole lot worse. Canexus will have to cut costs to the bone by eliminating the dividend and cutting salaries...
The real interesting information concerning the ongoing Blunderheim fiasco is on page 14 of the 2015 First Quarter MD&A under the heading NATO Unit Train Throughput Volume Risk. Compare it with the 2014 Fourth Quarter MD&A report!
Doug has already warned the Market that the Second Quarter will be soft. The Pumpers on this board will have to think hard to come up with a positive spin on Canexus going forward...
Kherson