TSX:ONR.UN - Post by User
Comment by
nijinsky70on Oct 03, 2011 9:27pm
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Post# 19114535
RE: RE: So basically...
RE: RE: So basically...You may picked that up from BNN when Alice Tseng was on.
She seemed to have mentioned that 12% amount. Anyway, who knows in this kind of environment. People are selling everything without a second look. There is no reason why ONR is only around $8. The 12% return should translate into a SP of $10 - $11 for Poseidon alone. The natural gas producer has to worth $3 or $4. The package should be around $13 to $15.
Anyway, if I have more money I would have loaded up on it.