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WestFire Energy Ltd T.WFE



TSX:WFE - Post by User

Comment by surfer55on Oct 25, 2012 11:37am
361 Views
Post# 20523074

RE: RE: RE: RE: Calculation ballpark

RE: RE: RE: RE: Calculation ballpark

I'm guessing that Sprott was only trying to save their holdings in Guide that have been in a tumble for a long time.  They no doubt were counting on shareholder apathy to get it done.

If someone screwed up, it is the shareholders that didn't vote.  In a previous post Dmacd stated that there were 37 mm against and 7mm for the deal, telling us that 43mm shares were voted out of 83 mm shares. Sprott & Cadent only had 22mm locked up.

Gas price looks like it may be coming back, but that's a guessing game that few have been successful at with any regularity.

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