OTCPK:TLSMF - Post by User
Post by
courtney10on Oct 31, 2012 10:04am
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Post# 20543654
New Direction
New Direction I am afraid that the idea of a sale is out of the question. I had a chance to listen to the CC yesterday and came out with this conclusion, This guy Kvisle is an ego maniac. He wants to look like a hero and fix the company and appears to have been given the green light by the board. This BOD is useless, including Kvisle. They allowed the former CEO to destroy the value. I did speak with someone at IR and between what he said and what was mentioned on the CC, i am of the belief that the Montney assets are going to be sold. TLM does not have the time or money to develop these assets. They control 2/3 of the acreage there and the IR was of the mindset that TLM could get as much money from the sale as Progress Energy did. This, along with some other non core asset sales, and if TLM can really live within there means, then we will see some increase in value. I just don't think that it is up for sale.