GREY:LSTMF - Post by User
Comment by
darkstreamon May 13, 2015 8:32pm
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Post# 23726403
RE:CPG - Bakken scenario IF it happens
RE:CPG - Bakken scenario IF it happensLTS with no Bakken Assets and still with 700-800 million debt after a sale makes no sense unless its the very last way to save the company. They can't dump the gold and keep the silver. Shareholders lose under that scenario with a penny share price. Unless a Bakken sale nets them zero debt its time to actively market the entire company. The company is worth $3 a share @$60 oil; $3.50 a share @ $70 oil and $4 a share @ $80 oil. Offer Wright a double off todays share price would make it a done deal.