CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

nice release !

[bluespruce]

not sure why a guy would trash this release if he owns the stock and is looking a little ways down the road. There is some great (read in between the lines) comments in this release. I think we have found a great new ceo and I also think he is going to be a no nonsense type of leader. We have been waiting for this release for quite some time now. Not sure about the last poster, but I like what I see !!! Next stop 5.60 which was the last pp price. This release has taken a lot of the worry out of equation for me.

[ocean112]

....not sure where the optimisim is coming from..... I think Nawar said it best - this is yet another cost overrun with more cost down the road to unlock the 10.5 train per week....it should not cost this much to build a unit train terminal! We are in for some short term pain when the markets open tomorrow morning - but long term still holds (although we may have to wait into 2015 for price

[bluespruce]

at $5.00, its all built into the current price. I say we go up tomorrow

[ocean112]

I really REALLY hope you are right....my sense is - the market will see more of the negative - specifically there is yet another risk of a dividend cut that the market may perceive given the cost overrun that is not priced at current levels.  If we are talking $360M as the new cost just to get to 6-7 trains per week (with more cost expected to get to 10 trains per week) - that is up $45