OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Mar 18, 2016 10:40am
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Post# 24674751
RE:RE:RE:RE:My perspective ???
RE:RE:RE:RE:My perspective ??? Three-month chart on Teck. Think about when Teck would have gotten the results back on their TPW drilling, the results that have seemingly been withheld. If TCK is intending to use TCK stock to buy TPW, the thing they'd want to do is to drive the price of their stock higher before doing a deal. Teck shares have tripled since Jan. 1. Tripled. Hit a recent high of $9.25 U.S. this morning. The higher they can drive their own stock, the fewer TCK shares it will take to buy out TPW. We will be locked up first on TPW and paid in Teck shares. If Tahoe can finalize on LSG then perhapsTeck and Tahoe will then do some kind of JV deal. Expect Teck to pressure CD to add the Ogden property to their land package.