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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by mrmomoon Apr 19, 2023 10:37am
127 Views
Post# 35402897

RE:RE:RE:RE:RE:RE:Just a small update.......

RE:RE:RE:RE:RE:RE:Just a small update......."I believe delineating and proving out east improves valuation and m and a prospect for Pipestone due to offsetting activity which is increasing."

Well, that's a general statement that could be applied to ANY ep across the board, not only Pipestone. Sure if you prove up your reserves it increases your value, but that could be said of anyone. And besides, that's a LONG TERM & micro factor. We are talking about things or events which are meaninful in the short to medium term.......in the interim really. This is the problem with folks on these boards, when you need to focus on the micro stuff, you focus on that when needed or required. But many just to don't look at he macro picture which is more relevant most of time. Forget about dlineation issues, well pads, ncib/sib and all that micro stuff...... it's not THAT crtical now. The macro stuff is.

"Yes Paramount deal makes tons of sense to me"

I just don't see it, honestly. After the Kaybob divestiture, POU has more synergies & motivation to make something happen with NVA NOT Pipstone. But i guess we'll just agree to disagree here on this point.

"Nuvista CEO is very open about interest in M and A."

Yep, fully agree with you here. But please note that NVA could LEAN both ways. Meaning as a potential buyer OR as a seller.

"Lastly, I dont think Ovintiv is done with Canada. Their nea CEO is Canadian"

Not sure on that one, even if the NEW Ceo is Canadian. They've shown their cards imho and WHERE they intend to spend valuable resources. And it's NOT in Canada. Anyway, things could possibly change in the coming years to their objectives, but at the very least, they are DONE with any addtional M&A for at least 24 months.....minimum.

GLTA







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