Near-north Ontario, French River | I beleive you are onto something Steve. I sit on the board of our local co-op, and its a profitable co-op, but margin calls off $500-$1 Million dollars /day are not unheard off. Of course when markets move the other way as much or more could be credited back. EVen a profitable company can have problems raising that kind of cash on very short notice. Not sure it thats whats happening to Jr or not, but its a possibility. |
anyone herd of this (elevator)
