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Quicksilver Resources Inc. Message Board

  • caristoson caristoson May 1, 2009 3:29 PM Flag

    Add clean coal of SCLX or ng of quicksilver?

    I am going around the ng companies to find the most undervalued. i have already few clean coal from sclx but diversification is necessary. So will KWK make it after the acquisition of 2008 ? Many say that kwk paid too much for these ng properties and if ng price does not rise soon then kwk may face problems in its debt financing.ng price has been still hovering around 3 - 4 $ for a long time.

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    • I think you should stay in stocks under .50 , if you are comparing them to $10 stocks.

      • 1 Reply to lvc19692003
      • had anyone here done any DD on SCLX ? It is a good looking spec for those who like to gamble. Also the govt has just given them a grant to further the clean coal cause. I doubt that the govt of China with all its coal reserves will be very receptive to the crazies in this country who want to eliminate coal from our energy appetite, I look for washington to so totally screw up our energy picture via the tree huggers that we will either have rationing and therefore shortages or much higher prices in the future due to the lack of capital and a favorable investment environment. Its as simple as taxes creat shortages and subsidities creat surpluses. SCLX is dramatically increasing its production capacity and will earn about 0.20 this year, an interesting speculation.

    • I think i ll add few more on SCLX. KWK has not convinced me that it will refrain from diluting much its stock with such poor cash on hand and over 2 billion debt.Wish it the best.

 
KWK
0.27-0.07(-20.84%)Dec 19 4:01 PMEST

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