I will update the above post at the end of trade today.
Anyone have any comments or feelings about the above?
What about OZL? Surely they are up there too. The Allegiance transaction was a stinker!
Kagara might be a phoenix that arises out of the ashes if the once in a lifetime collapse in the zinc reverses. Think they have copper too.
The rest were all highly-geared financially engineered strcutures with some good, and not so good, hard assets. They will appear at the top of the next bull (when that is, I do not know). Do not invest in them.
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