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.

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Timeless Capital Corp > Simple Math On Land Value

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Comment by stuckinonowayon Feb 15, 2012 3:01pm

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Post# 19538929

RE: RE: Simple Math On Land Value

thnx.

recent jan. sales in ab. averaged $416 per hectare with northern and grand areas on the higher end.early in the year i know.

sask avg. last year was around $600 but with big discrepancies by area and oil type.

of interest might be edge resources latest purchase in west-central sask-8.8m for 19 sections(4800 hec),350 boed at $25k per flowing barrel(as opposed to $45k average),seismic and some pipe.

i only mentioned this because a look at their reserves for the property might ascribe a value for acgs' holdings.

if acg just started this process it could take awhile to work out the values and see what the real interest is.

glta

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