RE:Fairfax is on mission Good morning Nothingmatters,
Could not again agree more with you.
Prem Watsa is a smart cookie.
Odyssey bought another 94,100 shares at an avg. price of $2.45 since my last reporting.
If, and it's a big if Fairfax alone or with Murray Edwards would like to take ESI
private then why rush since Fairfax can pick away at these low price.
This could continue for a while.
The good thing for existing shareholders is that Fairfax shares are not going back on the sell side.
Like i said i have a very small position but will probably increase it.
Right now, rig demand is still low and depressed.I am waiting to see at least a trend reversal
before adding.I may have to pay a higher price but i will have a better certainty in the direction.
I was way too early in the start of my building position in Akita.I will not repeat the same mistake
with Ensign.
Have a great long weekend.
Life