Savvy Trades and Investments

[jtomm]

bbotcs, re Freeport, mainly it's just how it might affect natgas prices as a whole and some of the natgas stocks. I would expect natgas prices to firm a little when the re-start is complete.

But I'm also just curious how they've survived for so long with not a shred of revenue -- it'll probably be close to 9 months by the time they fully re-start. Losses had to be in the billions. That's a big hit for anybody. I'd imagine they have some sort of business interruption insurance, but still. If freeport had to file bk at some point, that might also strike some fear into the natgas market. Not predicting that will happen, but I'm just kind of curious as to how they're staying afloat