BULLISH NEWS THIS WEEK (VST)Hello Everyone,
VST is to issue a press release this week. VST management is excited to issue release and Niko management just spent $ 1 million buying their shares on the OPEN MARKET.
Add this with LFD cancellilng a BOUGHT DEAL and, it adds to this news:
VST ANNOUNCES MAJOR OIL DISCOVERY, TESTING FOR A 60 DAY PERIOD HAS REVEALED A FLOW RATE OF 14,000 BARRELS OF OIL PER DAY, OIL PRODUCTION FACILITIES WILL COMMENCE IN Q4-2011.
VST ANNOUNCES ITS INTENTION TO MERGE WITH LFD, 1/2 SHARE FOR EACH SHARE O/S OF LFD.
WITH VST TRADING AT $ 1 PER SHARE ON DISCOVERY, MERGER WITH LFD IS DONE AT 50 CENTS.
JMHO