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EXCO Resources Inc. Message Board

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  • quantuon quantuon Mar 27, 2012 2:44 PM Flag

    Time to throw in the towel?

    there is going to be a loss this quarter (15c best guess) and based on their own cap-ex, a decent cash hole which is not getting filled with credit. They have some cash, but can't use more than maybe 40mm....If i had to guess, WR saw the 10k and CC and put a gun to their head for a seat...costs and drills have to crash

    In the meantime, if they have to mark proved down to the strip at the eo 2012, then 0 equity...

    The stock is worth something someday, the problem is will you be there to get it....

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