Lumber Futures up another couple in post-mrkt
strong backwardation in the back months
exactly as it was in 2002 for natural gas, before it ran.
and exactly how crude was until it re-arranged for the move above $39.99
check out the other softs today -- cotton, pork bellies
boyz, I think the unwind of the deemed inflationary commodities has begun.
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Do I think there is going to be equity?
Tell you what -- You phone Mr. Patison and ask him or Wayne H, why they have not sold any shares yet.
Then, you make an offer to buy all the shares of the company at say $0.14 (subject to financing of course) -- a nice premium to today's close.
What were his answers? I'm sure that you can think of many others that have been posted on this board, too.
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still rumors of some sort of share deal for some or all of the assets with Tembec.
based on 'shady' algorithim trading by the mm's over the past many, many months, maybe 0.114 to 0.164 per share -- who knows.
All I know is that Golman has been right on the bid, pushing it up from under $0.50 every time it gets to a technical resistance level. Myabe some wacky co-incidence.