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TriOil Resources Ltd TRIAF



GREY:TRIAF - Post by User

Comment by valu_nvstoron May 15, 2013 7:28pm
113 Views
Post# 21399925

RE: RE: Anybody knows why they are in a rush to se

RE: RE: Anybody knows why they are in a rush to se

Here is what makes me think they are in a rush: They are willing to consider selling the whole business or willing to consider any offer for some assets. From my exposure to marketing oil and gas asset sale you lose leverage when you say that. Even worse, it is certainly not a seller's market right now. Again, they have very attractive valuation and growth potential. In my humble opinion, they should spend some time developing the assets and they will probably get much better bids than putting themselves up for sale this quickly ...  again, my opinion

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