Post by
goingtoberich9 on Aug 17, 2011 1:29pm
Very risky the way I see it
Even if they get the permit there's no guarantee that will help with their inability to make debt payments.
Will be watching though.
GTBR9
Comment by
bobsmith1 on Aug 17, 2011 1:37pm
They certainly have the cashflow potential to service any debt load. If they get a compressor station then that allows them to ship with much higher margins. Add to that, that this is a domestic play and Obama wants domestic energy rather than foreign, I think they may be ok all the way around. Small risk in my opinion.
Comment by
OPTSALES on Aug 17, 2011 3:01pm
Exactly! looking at the financials...... = huge debt! Be wary to touch this one. GL
Comment by
All(in)Idaho on Aug 17, 2011 3:02pm
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Comment by
coty1940 on Aug 17, 2011 3:22pm
doesn't matter what the price was a year ago......it's what it is worth today that matters.
Comment by
All(in)Idaho on Aug 17, 2011 3:48pm
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