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GREY:OLEPF - Post by User

Comment by tony1969on Jun 10, 2013 10:27am
192 Views
Post# 21506353

RE: TGZ needs OLE evn more now

RE: TGZ needs OLE evn more now

You are right parks how quickly things can turn.  TGZ may have the Trump card with the mill but it looks like OLE is holding a Royal Flush with their gold.  TGZ does not want a fight with both MDL and OLE so as you said a friendly now seems more likely with OLE.  I do happen to agree with TGZ as far as MDL wanting to add 3 board members.  Why and how do they justify this, because they own 16%?  It would be like TGZ telling Chet hey we own 13% of your outstanding so we are going to add 3 of our guys to your board.  I don't think so. This new MDL news may expedite negotiations a bit between OLE and TGZ.  A deal by the 4th of july at a premium from the .582 would be nice. Thanks parks.

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