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Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.


TSXV:TLC.P - Post by User

Comment by jmlguyon Mar 26, 2011 10:28am
404 Views
Post# 18344685

RE: close today

RE: close todayA, I thank you for the heads up on this potential investment. Questions arise, I compare ACG to BQI (is that a fair matchup?) and see where BQI which I have traded several times is the object of several investor lawsuits as it has promised shareholders much more than has been delivered. Yes, ACG has reserves, but how easily can the oil be extracted? How many more financings need to be done to build plant, pipeline etcetera? You may have found a winner, but in laymans terms just what are the chances and time frame of viable production?  Most of these oil shale endeavors,as with bakken, are ideas on paper with PR to bring attention to potential reserves in hopes of a buyout by a major. Is this the bottom line here? Go Duke and UNC. 
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