Yes I did. I am in CA to meet few friends but now I live in a land free of Obamabots. Moving to Signapore in Nov. Business is booming.
its shorting and lack of interests... political reasons and most lack of faith on management. its like why dilute 100M equity for a company with 3B debt.
CCB I told you abt WLT. Its going chapter 7.
ANR can avoid BK. I dont understand why they are hell bent upon 100M left of equity. They wasted so much money on random fines.
Management is wipe out shareholders via RS. Its a very scammy management. They bailed out goldman from masseys by buying them. Right before that Goldman added ANR to their conviction buy list.
- If you read RICE fillings, you will see that NG assets owned by ANR are best in market.
- Current NG assets ANR is trying to drill with a french company is worth 1B+
That alone is worth all of debt at current price.
Issue is management is hell bent upon screwing shareholders. So here we come 50 cent pps.
It reminds of NIHD. NIHD worked with bonholders to say that total asset is worth just 2.5B. But after bankruptcy, they sold Nextel Mexico around that price. Talk about a scam.
$SD $XCO and all drillers. It was about time.
Most shell players were loosing on gas but covering them from oil.
Now that they are screwed on oil, they are done.
Just so you know. BTU owns 2% of all worlds recoverable coal. That's more than all of Indonesia's coal.
Also asian coal monster bidding for BTU