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Re: boomer23 post# 6591

Friday, 11/16/2012 7:51:07 AM

Friday, November 16, 2012 7:51:07 AM

Post# of 7618
boomer, I have no desire to do the 2 for 1 trade at this point, IMO that's just going from the frying pan to the fire. If RDMP can get this debt issue resolved satisfactorily I might give it another thought.

Am I inferring correctly from your comments that you've drank the cool-aid and done the trade? If so, just curious, are you planning to blow out your RDMP stock when the 6 months is up or do you think you will continue to hold at that point?

Great to see yet another solid quarter for XBOR. For the last 3 quarters their interest coverage ratio (EBITDA/Int. exp.) has been a stellar 13:1. If & when they were to see fit to increase their borrowings they could do so very easily and on great terms. It will be interesting to see what they end up doing.