Just some thoughtsBesides the 2 or 3 additional fluace deals mentioned in the Ottawa Business Journal the other remark by Tom that struck me was his comments on the stock. 'Our shareholder base has remained pretty solid, given whats happened in the last year'. IMO, Tom is the biggest shareholder and another reason why the stock has held up so well is lack of insider trading. Tom owns 6 mil+ and along with the rest have sold only enough to survive.
The bickering on this board about trading and timing the stock is interesting and something that I choose not to do. I will sell when I feel their is no more upside or the story goes bad. For now, things seem to moving right along. Like MB has stated the stock is worth much less than .75 using PE ratio. Were not going to see that though unless Thermalonox is a failure.
I mentioned Luscar Coal here before when it was trading at $1. The Ontario Teachers Pension fund have taken a run at it up to $4. G. Pape mentioned in the last Money Letter, that the fund would have moved up to $8 on increasing coal use.
Go Leafs! Bring on the Senators.