GREY:TRIAF - Post by User
Post by
raggetyjackon Aug 21, 2013 8:05pm
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Post# 21688050
Blowout Q2 numbers
Blowout Q2 numbersWicked good report in every way.
Trading way to cheaply as I stated a few times already. This is being held back by the sale process. If that were to evaporate TOL would be trading higher. Cash flow of .21 and earnings of .09 per share in the quarter. Oil production going up from 58% to 62% and increasing.
The exclusive negotiations are still ongoing with an announcement due at months end.
My take is PGF or WCP as likely parties for Cardium. At Kaybob a load of intermediate to large players could be interested and the outside end would be BIR at Pouce Coup. Could even be LTS wanting to pick it up and sell off Pouce Coup portion but I don't think they have the cash on hand.
I picked up a full boat load at 2.60 over past month so I'm quite pleased with this report on all metrics.
GLA...