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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > Should we be surprised?
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Post by Kherson on Sep 02, 2014 10:14pm

Should we be surprised?

Just another screw up by Canexus's management at Blunderheim. Personally, I will be very surprised to see this resolved before the end of 2014.
Since this set-back at Blunderheim concerning MEG is material information, a NR on this very subject should have been released by August 21st, and not today. Looks like Blunderheim will now again be going over the newest revised budget...
Kherson

Comment by amugsgame on Sep 03, 2014 10:38am
Legal resolution to this kind of issue is never fast. Only quick fix is for Cus to offer MEG some $ to back down. And look for the legal vultures to be circling and trying to launch class action suits for anyone who bought between Aug 21 and yesterday. With the volume and volitility this is a day trade. There are a hell of a lot better options for buy and hold right now. Yeah, they could sell ...more  
Comment by ocean112 on Sep 03, 2014 10:54am
I beg to differ - I don't know where you get your facts from.  You say they are going to market rather than the market coming to buy the facility....this is from thier recent quarterly.... Canexus is continuing to advance discussions with parties that have expressed potential interest in certain of our assets. The Corporation is currently engaging financial advisors to assist with the ...more  
Comment by Kherson on Jan 10, 2015 4:06pm
Ocean112 posted this back on September 3rd... Bottom for Canexus is $4.60... Gobble, gobble...LOL... Kherson
Comment by Kherson on Jul 07, 2015 11:36pm
$4.60 bottom? Too funny... Kherson
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