Post by
sherif1973 on Nov 20, 2019 8:32pm
CH buying!?
C.H. has been buying this recent dip. At least a little tiny bit of positive news in all of the doom and gloom.
WCS suffering again due to CN strike.
Comment by
trader059 on Nov 21, 2019 1:19am
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Comment by
pablo87 on Nov 26, 2019 9:56pm
365,000 shares so far in November (I may have inadvertently sold him 1/3 of it) or 1.6% of O/S. Never did that in the recent past as far as I know. The intrinsic value of the company is at least $1.00 in my view ( I know I know I said that before) so....YMMV.
Comment by
rad10 on Dec 09, 2019 10:32am
Well good luck to CH. He certainly threw Deb holders under a bus. Interesting to see what deal he has up his sleeve. As the poster Rolling / resourceful / ilovemoney points out repeatedly - reclamation costs a big problem north of the border. All the best to you and yours Pablo
Comment by
pablo87 on Dec 09, 2019 7:07pm
Rad, we start to see a few transactions where there is significant ARO (ex Paramount asset sale to BNP). I do have faith CH will do his best but how much will be deducted for ARO by the buyer/merge partner is the big unknown. By the way, what do you think of Delphi notes (DEE.NT)? Trading at 65 cents, > 15% yield.
Comment by
pablo87 on Dec 10, 2019 10:01am
Rad, I don't think they've completed the recapitalization yet. Risky for sure thus the discount.