Charlie Lake etc.I think the Charlie Lake sale will be a brisk one. This is all about the redeployment of capital in a rapidly changing landscape, not to hold onto things that have outlived their usefulness. So they won’t, “cavil on the 9th part of a hair” and slow this process down for a few extra pennies. And they certainly don’t want to tap the capital markets which is offensive to their shareholders when an “in house” solution stares them in the face.
Re: 1st. quarter. I read these reports but I boast no special skill in that regard. It must be remembered that all such reports must meet certain minimum regulatory standards. Any accounting firm can turn a sow’s ear into silk purse. That’s what you pay them for. But you will have trouble in finding anything of the soul of a company in these reports as they are as dead as the cemeteries that you and I will eventually end up in. But I certainly agree with Ramman1, that this Birchcliff Q1 is hinting at what is to come in Q4. So as the Sergeant Major barks out to his Household Guards in that deep baritone voice, “Never mind the people on your left and right, eyes straight ahead.” And that’s how you should view Birchcliff!
And Middle Trader, given my take on the NG fundamentals, I would support your contention about a W chart pattern emerging. GLTA
Fergus2