The Globe and Mail article
The Chronicle-Herald article
Clarke's balance sheet remains favourable and its liquidity will allow it to take advantage of bargains that may emerge over the next 6-18 months of this bear market.
I like the fact that he is investing more cautiously and is executing on his plan to take more of these companies private in order to clean up their financial problems.
I intend to hold for the long term. If the share price drops less than $6/share, I'll buy more.
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