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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Longview Oil Corp LGVWF

Energy Oil & Gas E&P


GREY:LGVWF - Post by User

Longview Oil Corp > Reality of the situation
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Comment by JohnDDon Feb 19, 2014 10:49pm
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Post# 22228174

RE:RE:RE:RE:Reality of the situation

RE:RE:RE:RE:Reality of the situationThanks Newar, when I saw the news release this morning, I thought, wait a minute the potenial buyer has just been "allocated" 9.8 million shares from the underwriter. They are not going to just walk, they must be negotiating.  Your explanation helped provided a better understanding of the rationale for why they would not sign a standstill agreement and NDA. Thanks for that. Sounds like the board has become a passenger for this ride.

I picked up a few thousand more shares at $5. Still a good price even if the deal doesn't go through. The next few weeks should be interesting.

John
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