Compliance Energy Corp CPYCF

Copper Mountain Potential Takeover...

[2guys]

This is just speculation on my part, so please don't take this as having any weight to it, but T.CUM which CEC holds presently 1.8 million shares has been a potential takeover target in the past, albeit no "formal" offers were made. 

 

The Financial Post reported on July 11, that back in November, Nyrstar Resources was interested in purchasing T.CUM for $7 per share.  No "FORMAL" offer was made, and the markets have slumped since.

 

T.CUM is currently trading near its 52 wk lows, and IMO, and my opinon only, it makes T.CUM a potential cheap takeover target.

 

Anywhere near $5 - $6 per share of T.CUM makes Compliance's investment worth $9 - $10.8 Million or
.14 -
.17 per share cash.  That's not taking into account the potential for Raven.

 

Someone is putting a lid on this with the big sell orders at
.9 and
.10 and yet they aren't really selling as I thought they were intending to.  JMO

[bocaman]

Desperate times call for desparate acts, 2guys? CEC is trading at all-time lows, and seems stuck there. With CUM trading around $3, CEC's breakup value is close to its share price - that is, the market is still giving CEC no credit for Raven. And "they aren't really selling"? Come on, man, when you place a sell order, you have to deliver the goods if anyone wants to buy. Problem

[2guys]

bocaman, first off there was no "FORMAL" offer for T.CUM, otherwise that would have been material news, and shareholders would have been informed via news release.  The Financial Post can speculate all they want from whatever source that provided them with the rumour, but unless a Formal offer was made, which it wasn't, then it's just talk.   As for CEC's breakup

[chrisale]

I'm glad I'm not the only one who saw this post as a horribly thinly veiled attempt to get some 'action' in the stock from someone who, to anyone who's been here for a while, knows the poster in question is likely extremely closely linked to CEC. Sad. And it does seem rather desperate... 

[2guys]

That was funny chrisale.    I do admit, I am closely linked to CEC, but only to the extent of being a shareholder.  I'm just guessing but that's probably a lot closer than you are linked to CEC, lol.   Anyway, I've got nothing to hide.  I've met with management at the Toronto PDAC as I mentioned earlier this year, so I am very comfortable with their ability

[turbo221]

IMO This site and board is for speculation, facts and outside of the box thinking.  2guys suggesting what would happen if CUM was bought is a good point raised, ideas like this are certainly capable of happening, whether in this case it happens we will have to see, but it makes for interesting conversation and what if scenarios At least with 2guys idea there was some actual thought and facts