GREY:WFREF - Post by User
Comment by
iaminvestoron Nov 02, 2012 3:46pm
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Post# 20556700
SPROTT
SPROTT Actually Sprott is the only one who has benefits thus far after the merge of GO with WFE. WFE holders were expecting a much better deal as WFE was very oily. But Sprott determined the rules of the merge.
However LRE, the new entity, is not expensive currently. TOU, POU, PEY and few other Canadian operators are expensive as the recent article of SeekingAlpha below points out
https://seekingalpha.com/article/960641-are-these-4-u-s-based-natural-gas-weighted-producers-a-buying-opportunity
LRE has a vast land and thus it can sell some of it to fuel its growth further.
Hopefully the next deal will benefit the shareholders of the former WFE.
A former WFE holder .