TSXV:VER.H - Post by User
Comment by
Firetrainon Dec 20, 2010 12:43am
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Post# 17869063
RE: We should see VER DEAL this week
RE: We should see VER DEAL this week
Rocket, you have been right about everything you have told me so far. 50/50 deal and two other interesting tid-bits based on your conversations with management. Perhaps the price movement last week was either related to Tom's jet wheels touching down in Colorado or when the pen hit the paper. Brokers have their connections to know when to pull the trigger at the right moment.
The land in the joint venture is related to the Alberta Bakken trend (90,000+ acres). Any of these additional lands could be included in the deal, who knows, but are outside of the Bakken Fairway and the original agreed upon land acerage total.
We'll have to start calling Tom as Santa Claus. The timing of this deal is providing all of us with a nice big red sack full of cash and upside potential. Ho ho ho!
Enjoy!