GREY:CHTYF - Post by User
Post by
socalbobon Feb 28, 2012 1:49pm
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Post# 19599225
Halt For News - Guess?
Halt For News - Guess? This long a trade halt must be material news that the company was not prepared for or would have be done pre-market.
Since we are all waiting, might as well throw out some guess as to the news.
I'm going with unsolicited offer, maybe $4/share, from Petrobakken. PBN just unloaded some production and land to CPG so have cash to spend and just announced yesterday big reserve growth of Cardium assets and focus on drilling in Cardium. MQL inventory could be a good fit and the price is cheap compared to what PBN sold.
Any other guesses?