RE:RE:RE:RE:RE:Informative posts on GXE on BNE boardSorry I am unaware of your history and/or feud with this poster but in my experience people became hostile usually towards bashers of the stock they own not pumpers. I am an old timer and I suppose it is a bit subjective as sometimes it is easy to slide into what appears to be pumping, promoting or just plain over exuberance.
I dont want to dwell on that I was really more interested in why you thought neither CJ or GXE could merge or whether M&A was possible. Volume was interesting today so something is going on wouldnt you agree?
mlcb2525 wrote: I am only hostile to the particular pumper (Oilly Pants) on the BNE and CJ boards who spread rumors that are clearly false. I agree that the future for Canadian O&G is consolidation as the stronger absorb the weak. I believe that it remains a buyers market and the premiums paid will not be too juicy for the seller. However, the buyers who are smart will reap the benefits of the economy of scale and synergies.
Recent WCP activity has proven to be a good example of this strategy. In regard to CJ, I would prefer that they aggressively knock down debt as the first priority and secondly implement a NCIB and maybe take 10% or so of their stock off the market.