Post by
fdfd12 on Dec 10, 2015 10:58am
CXR will be $100US when
it reports 1 or 2 quarters and shows that it is eating down their debt.
The cash flow is more important than earnings in 2016.
That will pay their debt and show the market it will pay it off.
Comment by
sunshine7 on Dec 10, 2015 11:11am
$10 in 6 months? I agree, but to reach $100 (I assume CD), it will climb through $60, 70, 80 and 90. All very good entry/exit points for near term traders and investors alike.
Comment by
fdfd12 on Dec 10, 2015 11:14am
$100 is 6 months, not $10. Sunshine, have a sunny smile on your face please, lol.
Comment by
sunshine7 on Dec 10, 2015 11:23am
Sorry for typo. Yes $100 (CD or USD?). Still, will not jump up from $50 to 100CD overnight. Will climb a wall of worry to get there.
Comment by
fdfd12 on Dec 10, 2015 11:30am
Will climb without getting more than $3-$5 from the 13 day average as I said a few weeks ago. By the way, where is CJ Alberta. I will put out a call for her.
Comment by
healthstock1234 on Dec 10, 2015 11:37am
I read it some weeks ago.
Comment by
fdfd12 on Dec 10, 2015 11:39am
That is how it will not jump to $100 overnight. The 13day will pull it down from jumping to high too quick.
Comment by
bullchart on Dec 10, 2015 11:50am
Fd.. Yes 3-5 May be average but was running 10.00 nov 20-23 .. May need to bring that average up a bit until that oct 1 resistance :)
Comment by
Bullphighter on Dec 10, 2015 11:55am
Question for any longtime holder, does the US price always seem like a better deal? I have been paying attn to the US price lately, as it is easier for me to stay in US funds, than dealing with exchage rates. Any insight would be appreciated.
Comment by
ChartSchool on Dec 10, 2015 1:06pm
Slightfan. Damn it. If Dwyer is right I will be crushed as I have been loading up on the yankee banks. You are right, I loved this one and as far as contrarians go, he is one of the best! Cheers, Chart
Comment by
slightfan1 on Dec 10, 2015 1:22pm
in appreciation, could you please fax me a gin and tonic!!
Comment by
fdfd12 on Dec 10, 2015 12:14pm
Look at Nov 23, yes way up there. That is why it closed near the low of the day, that day. Cna't get too far ahead.
Comment by
adamchess on Dec 10, 2015 11:22am
It is my understanding they have a set payment schedule that determines when the debt is due to be paid. This includes interest. So, they have free cash until these preset times. Someone may want to call investor relations to get the full information. I did not write it down at the time I called.
Comment by
sunshine7 on Dec 10, 2015 11:26am
CEO already stated that debt will be paid from cash flow down to manageable levels by end 2016.
Comment by
fdfd12 on Dec 10, 2015 11:32am
He "said" that. Once he starts proving it, then price will move towards 100.
Comment by
sunshine7 on Dec 10, 2015 11:40am
I guess we will agree to disagree. Not on the end point but on how we get there. Either way, for the near term investor it results the same.
Comment by
fdfd12 on Dec 10, 2015 11:44am
not clear what you agree or disagree about.
Comment by
fdfd12 on Dec 10, 2015 11:29am
I only found and email for them, no phone number.
Comment by
adamchess on Dec 10, 2015 12:08pm
fdfd12: yes, I don't see the phone number for them either. Maybe I just called the general number and asked for investor relations. Otherwise, just send them an email - ask for all the debt details including interest rates and repayment terms, etc. I am a bit rushed or I would do myself. GL
Comment by
sunshine7 on Dec 10, 2015 12:16pm
the loans are all detailed in the sedar report. High interest bridge loans with shortest term (2 years) at 9.25% and will be paid first. That should bring the 'blended' rate down. The remaining are at lower rates and long term. Please see report for details.
Comment by
fdfd12 on Dec 10, 2015 12:19pm
Debt details and Debt detail SUCCESSFUL EXECUTION are 2 different things. What is on paper plan and doing it are different things. We know what the plan is, once market sees that it is working as planned, THEN and only THEN $100.
Comment by
fdfd12 on Mar 04, 2016 4:23pm
You are notwrong. You write just like him. When I said "4x the way things are going", I said it out of frustration. I repeat, where do you thinkg CXR will be by end of 2016.
Comment by
notwrong on Mar 04, 2016 4:02pm
This post has been removed in accordance with Community Policy
Comment by
notwrong on Mar 06, 2016 12:55pm
This post has been removed in accordance with Community Policy
Comment by
Pj1958 on Mar 06, 2016 1:44pm
NUTBAR.... You keep threatening to leave this board, but time after time you keep disappointing us. i hope you have a good trip , and we will even pitch in to extend your vacation forever .... Good ridence and keep your word on leaving this board... We will remind you every time you break your promise.
Comment by
Pj1958 on Mar 06, 2016 1:46pm
You broke your word already.... And it's only been a few minutes