Crius Energy Trust Tr Unit CRIUF

RE:Current short position.

[deisman03]

Thanks for that. 

Nothing much has changed as far as confidence in management. 

There is definitely speculation as to where the money for meaningful NCIB is going to come from. 

ALL OF THE UNITS, other than a few recent cancelled buybacks ARE ISSUED. 

There is no wiggle room, they don't have any tangible assets to sell off. That's why the shorts are still in the game. 

Either there is something management isn't telling us or has HIDDEN is keeping the unit price down. That offshore $1.5 million dollar, virtually untraceable money transfer was a HUGE warning bell. 

This WAS a decent/profitable company just over a year ago. They got foolish or greedy and weakened their position in the markets. 

I do believe, from the numbers, that the unit price will come back. At this point their chances of a full recovery are slim. When push comes to shove management was neither honest nor forthcoming with REAL INFORMATION. 

It's going to take them more than a few quarters to get back any REAL CONFIDENCE. 

The shorters are betting on this. The recent shorts made a lot of money. 

The money being put into NCIB is peanuts in comparison to what's needed to bring the unit price back. 

The recent "hate everything Canadian" isn't helping either, nor is the falling oil price. I still can't believe people buying/selling this company based on oil prices. It's happening though. 

GLTA the good folks here.