And loving every minute of it.
Where does this Credit Suisse idiot get off saying a violation on the line of credit will lead to a "liquidity crisis" in a year, when ANR carries NO balance on the line, has $1 billion+ in cash and securities, and is probably burning no moe than $400-450 million a year.
These analysts are DOLTS.
I am looking for other large shareholders (1+ million) to discuss this company's underperformance, and poor capital allocation decisions. Please contact me via my yahoo e-mail address.
I own 8 million shares and am very disheartened by the destruction of shareholder value here, and the running of this company for purposes that seem OTHER than a focus on securing the reputation of the management, the company, and earning the company respect on the Street. If you are a larger holder here, please contact me at 219-363-7485, to exchange notes.
Well, what is interesting is if they can pay down another $200 million in debt over the next couple years, and then sell the two internet properties for $250 million. That would leave us with $500 million in debt, which could allow for an equity value back in the $5-10 range, I'm thinking, especially if print should stabilize on the ad revenue decline....which seems increasingly likely, since it is now down to 1/3 of total revenues.
Because I have no way of knowing it will go as low as $1. In fact, i think it is more likely that $1.50 or $1.25 is the bottom...so it's time to start entering NOW. It could easily start bouncing next week.
Disagree. This is the time to start entering. I've put 3% of my portfolio in this at a $1.57 average. I'll go to 4.5% at $1.25 and 6% at $1.
It's oversold....keeping in mind the lack of significant debt maturities until 2022, and fact that they are at 4.5x on leverage, with covenant permitting as high as 6.0.
This will bounce to $2.50....even if, in a worst case scenario, it goes to zero in 3-5 years.
Sentiment: Strong Buy
Laughable. We already know that Q1 production was blowout. There aren't going to be any surprises here.....except how much money they make....and how much debt they pay down.
The resistance to a breakout to higher prices is someone else. I have remained "long and strong"...still holding 5 million shares.
Loved the Q1 production report...and think a solid Q1 earnings, and then Q2 production in early July, could be a springboard to our next "major run" here. There will be more "believers," and people discovering this stock, over that time period. There will also remain a keen interest among potential suitors, imho.
Well, he admits he's an "apprenticetrader"....so your attacking him for being a legend in his own mind is rather asinine.
Sentiment: Strong Sell
You're not going to see any JV on Amisk at $1200 gold, that's for sure. Let's keep it reasonable here. There's enough reason to be enthusiastic here, without pie in the sky scenarios.
Sentiment: Strong Buy