Topaz IPO coming soon.....game changer or dud?Just a few items to note here. It's interesting that they appear to be "accelerating" this IPO asap for what seems a clear & defintive reason. What this reason is though....i do not know. I can't seem to figure out if this is being done out of panic because of the deteriorating evironment or maybe as a potential "opportunity". Tough call imo. So what do some of you folks think, is it desperation or opportunistic?
Also interesting, is which producing areas they might be mainly targeting? Personally, the only thing certain here is the Montney trend, but which specific areas is a toss up between two places imo. Either Ne Bc near Tainted Pony's former lands or may be near Central Alberta, something like around Kawka or Grande Prarie or between those two areas. I'm also wondering if they intend to complete this IPO after or BEFORE the results of US elections are known, which would be before November 3. I assume they know and are willing to take the risks if they choose the latter should Trump lose his throne.
Good luck to all