GREY:WFREF - Post by User
Post by
can1on Feb 16, 2014 11:20am
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Post# 22215473
Takeover...
Takeover... I don't see LRE taking over LNV. Why would they? The new school is to combine like assets that compliment philosopies. The Westfire/Guide merger was a sprott deal. (like interests)
The price has been held below $5 for a reason. The money raised for to reshuffle debt to appease the banks. Free up funds to drill or acquire like assets.
I'm hoping new VP mergers is just that.... Build LRE into a sizable asset to make it palatable for a larger company to acquire. Good land base already in place.
This is my dream.