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Tuscany Energy Ltd TSCAF

Energy Oil & Gas Drilling Oil & Gas E&P
Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.


GREY:TSCAF - Post by User

Tuscany Energy Ltd > merger
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Comment by qwqwon Jul 11, 2013 6:48pm
160 Views
Post# 21602958

RE:RE:RE:RE:RE:merger

RE:RE:RE:RE:RE:merger"If he did that then he would have to buy the other 25% shareholders out. Perhaps he doesnt want it use more cash?"

I would do it out of compassion for the long suffering shareholders of both Diaz & Tuscany.

Tuscany will do well regardless and its unused line of credit of $9 mil won't be any higher after the merger than before.
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