Petromin Resources Ltd. V.PTR.H

RE: RE: Re: RE: RE: RE: financial post

[ragingcanadian]

What I am talking about here is a reverse merge. A private co moves into a public co (usually a shell) in order to get listing on th exchange of their choice. Allot of companies do this because it is much faster and cheaper to get listed this way.

Thats not to say I think PTR is a shell. (Shell being a company that has no real operations but keeps all its listing filing up to date, Quarterly financials ect,). They are an operating co. but lets face it their largest deal seems to be TWE.

Essentially PTR ceases to exist and TWE becomes that company under any name it chooses as long as they continue its listing obligations. Trying to get listing from TSX or HK is time consuming and expensive. Ive been involved in several of these before. Its usually a win win for investors

Like I said before Im just thinking out loud. I have no clue if this is going to happen here but it is a possibility unless TWE EE or PTR arent taken out before that. Since TWE is a canadian company and the TSX is such a large mining and oil/gas exchange it would seem PTR is the logical choice. With big daddy China Oil behind them they probably dont need the money but since TWE is one of the rare foriegn companies doing this in China they would be a smash hit on the board.

I wouldnt doubt for a second that this has been discussed between PTR and TWE before. Whether it fits into their long term vision for the companies is the question.

JMHO of course

Rage