GREY:TRIAF - Post by User
Comment by
raggetyjackon May 23, 2013 12:06pm
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Post# 21432254
RE: RE: Coming on board
RE: RE: Coming on board This issue is very undervalued. If split up it would fetch a nice sum to shareholders.
PBN(with a name change coming in a few days) could take over the Lockend.
Kaybob would be easily sold to a wide number of large players contiguous to TOL.
The Pouce Coup would also garner a lot of interest as well.
All in, three quality properties with locked up value waiting to be released. I'm sure tire kicking is ongoing but the big question is how much will the major shareholders be willing to accept as a reasonable offer? My target price is $4.75 as a fair offer on a three way split or $4.25 for someone wanting the full package.