I believe the bottom for CNQ is in the $5 - $6 range. I'd hold off buying anything in the O & G sector for a couple more years
This oil price will fall further and I expect the B.K. flags to be waving in both camps shortly. The Banksters who are financing these companies must be absolutely terrified.. or Not! LOLOL
CNQ is "toastado's... CNQ is going the way of the doe-doe bird. Not expecting any rebound and when oil parks sub $20...mid teens, expect the B.K. lawyers to commence M&A workshops like lawyers know what they are doing LOLOL
Once CNX breaches $6, it falls to $4 and blows through $5 with ease. It does not matter if they have more Nat Gas or coal or bull crappola.... The debt to equity ratio is broken and they are dun like din din.
see $5.00 by next week. Once oil breaks into the twenties, the banks will seize assets and the executives are totally out of the picture. The big problem remains, who are the banks going to sell the assets to? The U.S. Gov't INC. LOL
Hey Pip.. Happy New Year..forget about heintzy...he as well as those others are losing everything, I will cover when this share price bounces off of $1.00. It's a given they are Toastado's... :~)
SLW is headed for Bankruptcy because they will not win against the CRA / IRS $500 Million Fraud. The CRA has zero authority, jurisdiction, power etc. to make such ridiculous claims that they are entitled to monies from a fraudulent Re-Assessment Notice.
I have offered my services to help Randy Smallwood against the CRA and those IDIOT lawyers, but have not heard back....So, I'm presenting to Randy Smallwood my own "Paper Tiger" to get my monies from the company before he stupidly succumbs to those other stupid agencies (CRA / IRS) and there is absolutely nothing he can do about it. For a CEO of much responsibility for shareholders wealth, he acts like a child being guided by a bunch of Village Idiots (lawyers) who also have neither, authority, jurisdiction or power to represent a "fly" let alone a mining magnate.
When this share price falls to sub $5... I won't be around to read your pain, because you have all been fore warned. GL ALL
Yes, I've looked at it closely and Randy Smallwood et al are in a world of pain going forward. The CRA will take whatever amount they have assessed against them. The lawyers and the courts adjudicate the matter in Admiralty / Maritime jurisdiction..NOT COMMON LAW, So...after the law firm representing "SLW" and the CRA / IRS muddle their way through the courts, "SLW" will face more paper tigers from shareholders of the stock.
The CRA / IRS and all the lawyers including the judiciary have absolutely zero jurisdiction in this matter. Any long term investors out there looking at "SLW" might be better served to look elsewhere.
and CNX shareholders screaming and no one cares.... Sub $5 share price coming and with all the inventory in oil and gas fields, CNX will be toastadoes around March 2016.. If your still holding shares might I suggest you dump because it's about to get really really really UGLY GL All
No kidding long time, Been busy here and I expect your chillin after that hectic schedule you were workin... Anyways, Yeah, CLR and CNQ, heavy into both myself and not to worry about that breakdown, it's all about to fold up like a cheap suit. I've been purposely avoiding all the controversy of this board because I'm still reading goof balls claiming they're smarter that Carl Ichan and Warren Buffet and I can't take the "stupidity" anymore.
If we don't chat before Xmas Chad, Have yourself a wonderful time and don't eat too much gobble gobble.... let alone the desert's that seem to hang on to the belt line longer than most. :~)
Patience Grasshopper lol..those options your holding will pay-off handsomely buddy... Should be a nice Xmas for you :~)