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Bullboard - Stock Discussion Forum Novus Energy Inc NOVUF

GREY:NOVUF - Post Discussion

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Post by GLENN# on Jan 18, 2013 5:23pm

Talk

Just reviewing the RRX posting and there is talk about a stock swap - 2 to 1 NVS to RRX.  There is some nice synergies since both are in the area and would give a $1.50 value.  Something to watch over the next couple of weeks.  I'm starting to look around to where to put the NVS money if the sale goes through.  I'm still not convinced on some of the valuations I have been hearing here.  We don't have all the information plus things don't always sell for what they are worth.  How eager is the board to sell?  Anything over $1.25 I would be happy.  I have riddent his horse for too long.
Comment by ardvark11 on Jan 18, 2013 5:34pm
You know it would be a great move by RRX and could be one of the offers but I think that Teine will offer a cash deal.  Canada pension fund has lots of cash for great long term money making investments that support the country at the same time. As a shareholder of CPP, I certainly would approve of Novus to build up the fund.  Slow steady and safe return for your money plus local and ...more  
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