RE:RE:RE:Reason to own ARX over TOU It is close to a double for Arx and if Tou gets to CIBC Cameron Beans predictions it will be 80% +.UPSIDED for TOU as well. This is your bs come back.
As I said, no correlation to market cap and dividends, no matter what bs you throw out Lol
Arc with a fraction of TOUs property plant and equipment, Arc way more debt, twice the shares, and 1/5 the drilling locations. What about the long term leases? Correct me if I am wrong. Were you not the VII shareholder complaining about the merge because Arc had the huge long term leases? About $870M now. I am 99% sure it was you, ROF.
Easy to see why market cap of TOU is 2X; even without any prized Kakwa holdings. The above items are what makes the market cap so different.
Arc could pay more dividends but would leave them with sooo many shares outstanding and lots of debt and long term leases hanging over their head.
MyHoneyPot wrote: Scotia bank 27, Rbc says 26, TD says 26
Its trading around 15 dollars, that is a 80% unside, pretty close to a double isn't it Guner.
I think this is low, and TOU does not have a play area that will generate the kind of returns kakwa does, put it in your pipe and smoke it.
IMHO