GREY:BPWRF - Post by User
Comment by
ganzeron Sep 10, 2008 1:59pm
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Post# 15445425
RE: re 08,,
RE: re 08,,Perial's shares may be in escrow but Perial still has the full voting rights that go with them and can likely control Balaton's board and direction. Their Balaton assets will still be on their books and will inflate as a deal is done. Seems to me all they have to do is satisfy the CNQ's reporting requirements .. get the halt lifted .. and they are away to the races. With fewer shares outstanding, their stock price should perform even better than Balaton if a deal is reached. Leverage some new deals into the mix and .. voila! A sleeper pick of some of us to compliment our Balaton holdings . Can't hurt.