OTCPK:WSRLF - Post by User
Comment by
canadafoxon Mar 27, 2012 3:05pm
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RE: TLM->WZR T/O
RE: TLM->WZR T/O j; It is very unlikely IMO that WZR will be taken over any time soon. TAQA own 20% of the company and management also have a significant %. A major valuation upside is within short-term reach and it is not rational for investors in this circumstance to consider any T/O. I know I would vote against such a move prior to the TD of the upcoming Garmian wells; S-2, H-1 and MQ-1 / UB and they will not complete testing before end-2012.