Post by
tony1969 on Feb 08, 2013 9:28am
Sounds like more than one party....
wants in. I believe TGZ will make a move in the near future. They have way too much to lose if they do not. Majors have taken notice of what a great combination TGZ and OLE would make. Lets see if TGZ can put something together here in the next month or so before a big producer comes in and makes an attempt (I guess it would have to be hostile because I believe OLE wants to merge with TGZ first) to take them both. Again why would they ( a major or mid tier with deep pockets or enough stock ) not make a move now before TGZ does? Why wait a year or two and have to pay 50% or 100% more for the two properties when they can buy them both now on the cheap by taking advantage of both weak share prices?