InvestorsHub Logo
Followers 31
Posts 4312
Boards Moderated 0
Alias Born 07/06/2006

Re: PENNYPRINCE 1 post# 292

Tuesday, 09/15/2009 2:01:56 PM

Tuesday, September 15, 2009 2:01:56 PM

Post# of 432
All the parts are in place for SNG to emerge from CCAA. The creditors voted 100% at last Friday's meeting to approve the plan for payment of claims against SNG. We may have news this week since the CCAA extension expires today. I'm looking for this to $1.25-$1.50 before any significant profit taking comes into play. There's still lots of shareholders/funds way under water on this.