OTCPK:TLSMF - Post by User
Comment by
shambanoon Sep 05, 2007 7:43pm
408 Views
Post# 13347419
RE: Get on board..
RE: Get on board..Lots of TO talk in the past and when the talk goes that way again you will see TLM's share price jump accordingly.
Too many senior E&P companies in Canada and some will be merging late in 2007 or even in 2008.
ECA, CNQ, TLM, HSE, NXY, not to mention some of the very large trusts.
New CEO for TLM, Buckee is free to dump his shares in the open market or sell out to the highest offer.
I suspect NXY and TLM will be married in the very near future, but I'm guessing here, or it will be an American E&P company to come along and make an offer.
TLM can easily be broken up into 4 or even 5 separate parts;
1 - North American company
2 - North Sea company
3 - South American company
4 - Far East company
5 - Alaska company
So any company looking to make a buck buying TLM and selling off the pieces and keeping the company jewels will make lots of dough.
The sub-prime fiasco has delayed this re-organization / takeover by 6-12 months IMHO, but it will happen especially if oil prices continue to stay over 75 US. NG prices will come back in 2008 as USA production starts to decline in a big way.
Bottom-line IMHO this is the time to start to accumulate TLM not dump it and any TO talk will spark our share price by 2-3 in a flash.
Hold for long-term growth.
Cheers and GLA