Post by
tony1969 on Jun 10, 2013 8:25pm
Question......
Is it more important now for TGZ to seal a deal with OLE before the vote on the board members at the meeting? TGZ management states that it could be a deal breaker in their press release as they say that they have worked long and hard with the govt to move things along including the bid for OLE. I would think that it would make sense for them to hook up with OLE before the AGM as it would give TGZ management another accomplishment and would enable them to project their future financial performance at the meeting. Maybe the delay was to get the deal done. It totally looks like MDL is being opportunistic and once again OLE is in the middle of this. It seems like obstacles chase OLE. Maybe MDL is talking to OLE as well. As parks said there may be some surprises on the horizon. How would that work? MDL needs cash and are supposedly in no position to buy anything as they are trying to monetize their stake in TGZ this year. Their tactics are going against their previous intentions. Any comments?