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Bullboard - Stock Discussion Forum Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and... see more

TSX:VII - Post Discussion

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Post by regardless on Feb 13, 2021 3:57pm

MakeNo mistake

This was no merger this was a straight buyout and we got sold out 

15-30% more of an offer is still low but that's why I think it's comming soon ... prices are rising steadily here in the sector..... 15-30% more is atill
undervaluing vii shareholders but better than we got offered from 
arx
Comment by Robertboblaw on Feb 13, 2021 4:06pm
Any share merger/exchange means we get no "offer". The arc "offer" is simply to merge the two "pies" into one new company "New arc", if you will. How you divy up the pie (Share premium/exhange etc to form a new float) is pointless. The pie is the same. It is what it is. Now if someone offers actual cash premium obviously that's an actual "offer" ...more  
Comment by regardless on Feb 13, 2021 4:08pm
Wrong robertlaw I disagree here  cpp is in at an avg of 14$ a share ....a 30% premium puts this at close to 12$ wich is a lot closer and better shot of them not only getting back their buy in but actually making money on it for the long wait... they'd still take that in a heartbeat... it wasn't cpp alone that sold us all out it goes deeper than that 
Comment by Robertboblaw on Feb 13, 2021 4:17pm
I highly doubt the Canada pension board is looking to lose $2 or $3 a share on their $15 investment in company over 5 or 6 years. They did this bc it gives them the best shot at a reasonable ROI of 20 or 30%. Not a loss of 20 or 30%.
Comment by regardless on Feb 13, 2021 4:19pm
That makes zero sense Robert law  of vii got 30% more on an offer with a share swap that merged them with cnrl cpp would make their money back in this first year and probably another 30% on that if oul and gas keep rising or stay at this level  so no... I do not agree with you here at all
Comment by Robertboblaw on Feb 13, 2021 4:25pm
Cnrl and arc are 2 very different companies regardless. If a share for share offer from cnrl (of 1:1) is forthcoming, then that's different. Cnrl probably has more upside potential than arc. Arc is gas weighted , cnrl is not.
Comment by regardless on Feb 13, 2021 4:26pm
Robertlaw cnrl could use the condy production though and the gas that vii produces allready has deals for it south of the border ...  wouldn't be 1-1 share swap obviously but be closer to day .60-1 
Comment by Robertboblaw on Feb 13, 2021 4:30pm
Yes I know. It's a known thing oil sands producers need Condy through the nose to line pipelines with. Still cnrl seems like a long shot..to me at least. I've been wrong before lol.
Comment by therealDonald on Feb 13, 2021 4:18pm
CPP is likely the driver here, Out of Tog, rumoured out of velvet, now Vii. These aren't "big coincidences". 
Comment by regardless on Feb 13, 2021 4:23pm
So they get out of oil and gas at the bigining of a supercycle? makes as much sense as dog sht 
Comment by therealDonald on Feb 13, 2021 4:30pm
  bill c231 might have something to do with it.  https://financialpost.com/diane-francis/diane-francis-re-politicizing-cpp-would-be-a-disaster  
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