Bankruptcy Q Players

[finbar99]

How about COUGF - another Canadian bankruptcy. They have their DIP loan for 1.7 mm and it was approved by the court 2 weeks ago - they needed that to get their wells turned back on (Canadian provincial gov't shut them down for failure to post adequate remediation assurance bond, which was in large part due to a breakdown of a pipeline that served their wells in '11 - it all affected some formula that greatly increased their bond deposit amount). No pacer though, they don't have it in Canada - the Canadian lawyers I've talked to can't fathom pacer when I tell them how it works down here. Of course - there are still means of acquiring public info that most are not familiar with :). I've been buying this one the past few days. Sloppy past, but I like the ownership structure.