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News Focus
Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Longview Oil Corp LGVWF

Energy Oil & Gas E&P


GREY:LGVWF - Post by User

Longview Oil Corp > News Release
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Comment by Nawaralsaadion Feb 10, 2014 11:03am
303 Views
Post# 22191328

RE:RE:RE:RE:RE:RE:RE:RE:News Release

RE:RE:RE:RE:RE:RE:RE:RE:News ReleaseTheir action today is the right one. Forming a special committee and evaluating this deal or any other potential deals is the proper approach. It is rarely take it or leave it in such situations. The fact the company is setting up a shareholders rights plan and hiring bankers tell ms the deal is serious, this is a credible buyer and a respectable (starting) premium is being offered. My guess a deal will eventually take place, LNV is vastly undervalued and is constrained for capital to grow, and joining forces with a sizable peer makes tremendous sense and will still offer shareholders to share in into the future upside.

Regards,
Nawar
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