Ipsco

Lazo: There was a steel company, it was headquartered in the US for most of their plants in Canada called Ipsco. He says they used to have these multi-year contracts because people are building all these long pipelines. Lazo: Since we have no further visibility and we know this is a cyclical business, maybe it's time to get off the bus. And I know that liquidation value is not going through degradation or unlikely to go down.