Longview Oil Corp LGVWF

RE:RE:RE:RE:RE:You have to think odds are a deal gets done

[MustangMatt]

With all due respect Nawaralsaadi, I do not think Longview is in the drivers seat.  I think at present Surge is in the drivers seat, at the moment they are in what appears to be a no lose situation.  If Surge makes a bid at $6.00 for the remainder of the shares, and it is accepted the deal would be accretive for Surge, so good deal for them.  If the deal is not accepted they hold 20% and get paid over 10% to wait.  If someone else comes in and buys Surge for more say $7 they pocket $15 million + any divy's they might recieve before the deal is done, good deal for Surge.  If no deal is done and no one swoops in to to take LNV you may get the turn around attempt that you mention.  First though it would take time, they would need to find a quality CEO and still make some high value deals in a buyers market.  If it works and the stock price goes up Surge sells and make s a profit on there LNV position + and divys issued, good deal for Surge.  If the turn around does not work and the value of LNV drops than Surge gets another crack at LNV at a reduced price, good deal for Surge, depending what shape LNV is at the time. 

If they so choose they should be able to get members apointed to the board at the next AGM.  I think a hostile take over would be possible, although that has not been Paul C's practice in the past.  I agree with you a fair price is deserved for all Longview share holders, however, I do not see Longview in a strong position at present time, cheers Matthew