GREY:CHTYF - Post by User
Comment by
George98on Aug 12, 2016 4:31am
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Post# 25134412
RE:Traverse Energy
RE:Traverse EnergyTycoon101 wrote: What are mql holders thoughts on Traverse? Would a merger ever make sense between these two companies given land holdings?
AOS might want to put its cash both in Marquee ( MQL) and Traverse Energy (TVL) because TVL drills in Michichi too, it drills the same formation and it is debt free. So AOS reduces its risk by diversifying its holdings.