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hillzman

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hillzman

Re: PENNYPRINCE 1 post# 292

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

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

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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.
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