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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Paramount and Riddell & co are taking the wrong road [IMHO]
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Post by farml1234 on Mar 14, 2014 4:33pm

Paramount and Riddell & co are taking the wrong road [IMHO]

Paramount and Riddell & company  should off double what they are offering in POU stock plus the part shares in cash , that would make them look great in the public eye and I would have to think that would make Mr. Riddell happy and proud to have given Canada a grate home controlled energy company. POU has about 97.3 million shares  some would say dilution would be to much but look at the other side of the coin , POU would be getting a great prize in the canola shale field that really puts the NWT on the world map. Come on Mr. Riddell do the right thing for all involved .

I for one stockholder have given MGX stock to my grandkids for a two reasons Riddell and canola shale  
jmho
Comment by scotchontherock on Mar 15, 2014 10:03am
This is only a first proposal.It is not a done deal.If the Co.can spend a year searching for a J.V. partner,they can spend some time for a better takeover offer. . 2 mil shares on the bid.  That spells interest and appetite..It may not be as easy or cheap as POU thinks.I will wait.I will vote.
Comment by ol_griz on Mar 16, 2014 10:06am
Well, I'm out, so maybe I should keep quiet now, but I will remind those still holding of what happened with UUU.  Wild trading three months before the buyout was announced - okay, MGX didn't have that, but ... - then an horrible lowball bid.  BB posters were apoplectic for weeks, but when the vote was counted, it was overwhelmingly accepted.  The Rooskies and their banking ...more  
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