Replies to post #670 on Quicksilver Resources Inc. (fka KWKAQ)

[crawford2012]

Blake, wish i wad in your shoes bud. Mine a huge number. But this is what I feel. They are not going the route of BK. Just from what we are reading. Bk imho is out of the question. Its just a scare tactic to twist the arm of the lenders. But again if the lender can break the hands of kwka vs twisting it back the BK is on top of the list.

We still have a chance. The 17th is 8 days away. We should hear something before then. My guess best case is they negotiated with the lenders because the lenders wanna be decent human being and not let 300+ people lose their job in this crappy economy.

But again greed usually makes humans forget what their actions can do to impact millions of people.

[unbias88]

blakeblaze
It probably has cash to pay interest but can it complys with the loan covenents. I have a feeling it might not. We will see on the 4Q 2014 earning report. It is probably negotiating with lenders to waive the voilation of the convenents when 4Q 2014 earning report is announced.