RE:RE:Slush Fund - NVA SharesIf you knew how many boards JR sits on, all the companies he is part of, and how many major companies in the Patch that their core assets were developed as the result of a spin off by JR you likely would show him a little more respect.
POU value is like only 50% represeted in it producing assets, and other assets like private oil companies shares, public oil company shares, frontier assets, drilling rigs, land holding companies, sea ports, oil sand leases, thermal projects and the list goes on.
POU will soon be dripping cash, and he essentially saved the live of NVA purchase all those shares at a time where the company was on the brink of banruptcy. NVA shareholder owe JR a debt of grattitude and really should tender their shares on a 4:1 basis, but i am sure JR in the spirt of fairness would do 3:1.
Look at the upside for NVA shareholders, POU price target year end is $50 dollars, 3:1 would give them roughly a $17 dollar stock for each NVA share. I think that deal should be made in the share.
IMHO