GREY:CEQXF - Post by User
Post by
1969MACH1on Mar 31, 2016 8:29pm
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Post# 24717864
Looking toward the future.
Looking toward the future.I am glad Don, Howie and the gang did not sell out the shareholders. They have a proven track record of building companies and making money for their shareholders. Look at Cypress, Cyries and Cequel. All very impressive outcomes. Cequenece will be no different. They are well positioned in the Montney and well positioned to ride out the storm.
They did not get an offer they liked so they said let's wait it out. Any of the M&A activity right now is out of necessity and the savages are picking up assests of distressed companies for a song.
Cequence was not in that position. They will survive. Buying at these levels is a gift. Tuck them away in your RRSP or TFSA and you will be well rewarded.