TSX:LSG.DB - Post by User
Post by
JRaffleson Feb 13, 2016 1:40pm
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Post# 24556064
Timing of drilling "good news" for LSG shareholders
Timing of drilling "good news" for LSG shareholders
In situations, such as LSG, where directors have sold out a highly prospective company, the release of future news tends to be restrained.
The reason being that if quality drilling in the pipeline is released to soon, it would demonstrate that the board accepted a low ball offer from the purchaser.