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

Timeless Capital Corp > Just curious

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Comment by fab4everon Dec 29, 2011 12:42pm

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Post# 19357097

RE: RE: Just curious

Normally, I would agree with you but Montgomery has a way of making deals. The last one was Ango Potash and I sold out of it way too soon. IMHO, It would be far cheaper for someone like ATH to make a play on ACG than to buy at the Alberta Crown Land Sales. But who knows if that will happen? Pure speculation. The only thing I keep coming back to is the asset. Right now, ACG has a $10-12M market cap and almost $8M in the bank. Do I feel IMHO that the land value of 269 sections (68,864 ha) with a potential resource of 6.47 billion barrels of oil (AJM P50 estimate June 2010) is worth more than $2-4M? Yes, I do. Especially with ATH's success and their continued program drilling the Nordegg formation. FYI, Danny Deadlock has mentioned ACG once again. This is the third time.

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