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CorEnergy Infrastructure Trust (CORR) is a good company that has been caught in the worst energy environment in history. Its market price has remained strangely high given the fundamental backdrop and we believe there is significant downside ahead. Roughly 48% of their revenue has already been cut off with the tenant of the Grand Isle Gathering System or GIGS no longer paying rent. Another large chunk is at significant risk with the tenant of the Pinedale LGS receiving a going concern warning from their auditor.