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United States Steel Corp X.^CX2790PI


Primary Symbol: X

United States Steel Corporation is a steel producer. The Company operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment is involved in the production of slabs, strip mill plates, sheets and tin mill products, as well as all iron ore, direct reduced grade pellets, pig iron, and coke production facilities in the United States. The Mini Mill segment produces hot-rolled, cold-rolled, coated sheets and electrical steels. The USSE segment produces and sells slabs, strip mill plate, sheet, tin mill products and spiral welded pipe. The Tubular segment produces and sells rounds, seamless and electric resistance welded (ERW) steel casing and tubing (OCTG), and standard and line pipe and mechanical tubing. It serves the automotive, construction, appliance, energy, container, and packaging industries with high value-added steel products such as its XG3 advanced high-strength steel.


NYSE:X - Post by User

Bullboard Posts
Post by TFSAfundson Jun 07, 2017 11:51am
99 Views
Post# 26335625

UK...

UK...Trades... thanks, plausible explanation.  But, would they not have known
that last year when Meridian Mining SE was established. Does that mean
we also move to the LSE?

Let's see, $100 million US at 48 cents CDN per share equates to about 
275 million shares plus the same in warrants. Sentient isn't about to lose
control of this venture by going the PP route at these levels. With about
164 million share O/S now, a PP (or multiple PP's) would max out at
around 125 million shares (including warrants) for Sentient to retain at
least 51% ownership. (I'm ignoring Sentient's current warrants) What this
means is that our SP would have to be north of $2.00 CDN for it to work
for Sentient unless they are prepared to take a commensurate portion of the
PP (PP'S) themself. That's going to take a lot of PR work! The only way to
accomplish that is with resource estimates... Let's hope!!! In one of their
previous presentations, weren't they saying that resource figures would be
coming later this year? It would surely be nice to see us finally get out of the
penny stock range...

GLTA 
Bullboard Posts