TSXV:VER.H - Post by User
Post by
prospect_93on Nov 22, 2010 4:47pm
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Post# 17741239
Another Clue
Another Clue
The landblock that I attached a link to yesterday apparently did not sell according to the Broker in Montana. This is good news as I see it. Based on the fact that this was not purchased suggests to me that Quicksilver will be the major operator JV partner that is active in multiple regions within the United States. They have a very complimentary land package. There is no other way to accumulate 90,000 acres based on the land titles that I have gone through. Other less probable partners as I see it (based on proximity) would be Rosetta or Newfield.
Crescentpoint's lands are on the other side of the auction block. If this was not picked up I don't see VER joining the party over there.
As far as timing on a news release, there is a landsale in early December, but the Counties that VER is in are not up for bid.
News could show up at any time.
It seems this company keeps a very tight lid on things as the SP did not move prior to the last news release. Playing around with one's position will be dangerous as it will be like a lightning strike when the next news shows up(no time to recover).
Known data is pointing towards a very positive outcome.
GLTA