GREY:TRIAF - Post by User
Post by
msawyer5on Apr 19, 2004 11:17am
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Post# 7372091
Trioil halt
Trioil haltHello all...
For what its worth, I've spoken with management this morning with respect to the timing of the news release and have been told that Trioil had expected the release to occur last Tuesday. However, the SC referred Trioil's "proposal" to its internal technical and engineering staff for review. That review has not yet been completed by SC staff but is expected either today or tomorrow. The sense I got from my conversation is that the proposal may involve an acquisition or merger and will likely be perceived as a positive move by the market...
Best regards