Wheels Group Inc GRFJF

RE: 12 posts....3 of them mine

[Thunderhead1]

Okay, here's another opinion. Of course we all wanted $3+ for our WGI shares (too bad we all were not as astute as poster mlmack who says he somehow got $4.40 for his WGI shares...lol).

The two CEO's were on BNN this (Wed) afternoon:

https://www.bnn.ca/news/7668.html

Basically Oliphant said WGI had a steady cashflow but as yet no growth prospects, which made it a good fit with NGD which had the opposite attributes.

I have a small remaining shareholding in WGI... and all in all I'm okay with the deal. Comparing the shareprices over the past 3 months shows that NGD has mostly been valued higher than WGI, and both are down during the past 2 weeks. If the combined mgmt braintrust (which looks pretty strong to me) can efficiently nurture NGD's growth projects then I think the new combined NGD shareprice has at least as much upside-potential as did WGI, especially if base metal prices make a come back. My opinion.

It's a jungle out there. Good luck all.