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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Post by slagheapon Apr 22, 2012 8:23pm
337 Views
Post# 19822538

what I think happened here

what I think happened here

I think what has happened here over the last couple of years went somrthing like this. The company was meandering along with some decent opportunities but nothing really exciting. They had their contractual obligations and their budget was set for slow and steady exploration. Very ho hum. Then three different circumstances all became apperent about the same time. First;  They had some promising exploration rights in the Ukraine which may be very lucrative.with new fracking technology. Second; Natural gas prices in Europe are double or even triple North American rates and third; Worldwide transportation infrastructure for natural gas is totally inadequate. Moving low priced North American natural gas to Europe for huge profit margins can not be done. So out of nowhere Transeuro found themselves with a golden opportunity but they needed cash. Their course of dilution meant share holders short term would be very unhappy but in the longer term of two or three years their proven assets might be worth billions of dollars and the share price will not be held down when the buyout offers come in from the big players.

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