GREY:RGVNF - Post by User
Comment by
dogoneon May 27, 2008 2:42pm
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Post# 15115271
RE: PR (Euro=McC= ??? Rev/maybe not
RE: PR (Euro=McC= ??? Rev/maybe notThis rise in Eurogas to 47 cents just goes to show everyone how valid and valuable these assets really were. REV really only has a few shares in the transaction and it is difficult to surmise any impact on REV, at least for now. Even if they hit $2.50 as Eugs management has "triggered" that would have been just awesome for REV shareholders if the assets were still in-house.
I really have to thank that Chairman who suggested I take a position in EUGS, as I am not feeling the pain that holders of REV (who did not) are right now.
My concern is what lies ahead for REV. What will they do with $25 million dollars, pilfer it or try to make something of the company with it. The latter sounds better but past experience points elsewhere.
Not trying to be negative just being honest as if you gave away a billion dollar asset what would you do with $26 million which is paultry in comparison.
Hope someone could tell us more of some possible and potential positives. I hear the tar sands, but most I talk to say 8 to 10 years to really see any value there.
Good luck to all holders.