GREY:SWYDF - Post by User
Comment by
CravenRaven101on May 27, 2011 4:03pm
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Post# 18636916
RE: YOU HEARD IT HERE FIRST!!!!
RE: YOU HEARD IT HERE FIRST!!!!UNLIKELY simply because majority of shares are held by VERY FEW hands... with the BIGGEST hands being the QUE Gov't. GIVEN the Government's commitment to infrastructure, and to a 100MM line of credit. an offer at this point would be VERY PREMATURE... ITS my opinion that SWY Managment has undergone some life changes... and that the group as a whole IS now more interested in Developing and operating than they are in exploring and selling... Given the potential valuation there's little chance SWY managment will unload prematurely ... I would NOT say that there's a 100% chance mgmt will over look the right offer... I am saying.. that at this time... there is NO way to correctly define what the "right offer" is... So... it will not be until Sept-November before that offer would even materialize.
It's MY opinion git yer own.