Yes mate, on my child's life. Started in low 70's and averaged down in 30's and then lower than current price. It was supposed to be a trade and I effed up. I own my own mistakes. If I make it I make it, if I lose it I lose it. I just cannot see how spending hundreds of millions of dollars on CAPEX for Mammoth and Buchanan will be all for nothing. I'm trusting these guys even though they have spoken BS in the past. As the new CFO said, they do have many levers to pull if need be. Ttrue or not true remains to be seen.
Why I don't give any credence to the article I posted last night. Any upward price from here without news is purely speculation or insider trading. How can you invest in a company that has perceived liquidity constraints?
If CRN make it it's not going to the moon in any hurry. They need to deliver and until coal prices improve and we hear from Coronado at the next quarterly webcast it's a huge risk but hopefully I am right that they will get through this difficult period.
Below are some things i noted from that rubbish article. Take what you will from it.
@pastperformer I am not in pain. Rest assured. Just disappointed in results of the first quarter. Thought they would've been better. If I were in pain, do you think I would post anything negative? I'm not a ramper like you.
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