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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: ChanceIs who wrote (39863)3/7/2005 4:27:15 AM
From: jim_p  Read Replies (1) of 206200
 
I believe it was FGH??

I agree with your thinking, but I don't believe CPN will survive long enough to enjoy the benefits.

CPN is now bleeding. Q4 was negative cash flow both before and after changes in working capital and their leverage is close to 80%. I still don't believe CPN will be a survivor.

RRI should survive the cycle, but their Q4 numbers were also a big disappointment.

Given where the market is today and by the looks of the CPN and RRI charts, I'm betting I can buy them both cheaper later and you need wait on CPN to get closer to a time when you can better determine if they will make it or not.

Good luck,

Jim
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