RE: RE: RE: Anybody knows why they are in a rush t I've only been following this stock for a few months. I was attracted because an investor bought quite a large position and wants growth ramped up by acquiring a JV or marketing the company for sale, etc. It was his buying which drove the stock up. TOL promised to be more proactive. I think a lot of us are waiting to see the results the company promised to the investors.
BXE is trying to ramp up production by involving a Korean investment group in a JV arrangement.
There is growing interest in CA O&G from Asian buyers and investors. TOL could advance growth with an influx of money or a larger company could bring in more money for growth.
Small companies like TOL could grind away rather slowly but make a profit. It surely benefits management and pays their salaries. However, a small company moving slowly will have a sleepy SP with so little to get excited about. Plus, they will eventually run out of drilling sites.
If I were in management I'd like the slow and steady because I'd make good money with little stress.
That's my limited view.