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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Post by binzer55on Jul 15, 2011 6:20pm
731 Views
Post# 18837557

CPG acquisition

CPG acquisitionSince CPG already owns 40% of SCS's BHL, plus their involvement with Coral Hill, they don't need to buyout SCS. They may not even want SCS's other assets.
But with CPG already buying 19% of ARN's shares, I think it is clear which company they will be taking out.

SCS is ok to own, but the big money should be placed on ARN for now.
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