Post by
Armcorp on Jun 19, 2019 6:43pm
uh-oh
trading halt after market close.....probably not good news I would say. I expect a buy-out offer from Extractive at a nice premium to market (say 20 cents/sh), but a terrible loss for anyone holding for more than the last six months or so. I may be wrong of course - bankruptcy anyone? But I think with gold and energy markets improving, somebody saw an opening to take advantage before the bottom line at Energold improves.
Comment by
DrBrassbottom on Jun 20, 2019 2:38pm
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Comment by
Armcorp on Jun 22, 2019 10:29am
Seems to be taking a long time to get the news out....the deal can't be complete yet....must be some haggling going on somewhere. Maybe Jerry two coats has acquired a third and they are trying to figure out how to return it? Or perhaps Fred is balking at Extract's demands, given the recent run-up in Pog....
Comment by
DrBrassbottom on Jun 22, 2019 12:17pm
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