Wilscott

It was not clear why they suspended the AGM to June 29th but I'm guessing it was due to uncertainty (at that time) of possible PQ financial support and/or the status of an appeal of the ABW court ruling. They have clearly stated that they will breach their interest ration covenants and perhaps don't have a clear position from the prime creditor. The next quarterly interest payment is due the following day (June 30th). I am wondering if they will attempt to pay in units instead of cash as they have a right to do. If there is a good chance of this, I'm wondering if it makes sense to short an equal amount of the common to the convertible, anticipating a mass dilution. Wilscott

If I could re-open this thread briefly....does anyone know if SFK can benefit from this government announcement? I hold only the convertible and am trying to work out a strategy. http://www.canada.com/Black+liquor+equals+cash+mill/1708648/story.html thanks Wilscott

Sanjeev, Many thanks for all the effort on this new home. It's so much better than MSN and I suspect it will be less hassle for you once all the work is done. The only problem I can see with separate boards is when "fringe discussions" take on a life of their own. For example, are discussions regarding Canwest Global, FFH issue or are USG posts related to BRK? Or are they simply general discussions unless either company is mentioned. Regardless, we'll all adapt. I'm with Crip.....all this info is free. Who cares! Cheers, Wilscott