Post by
tony1969 on May 09, 2013 7:34pm
TGZ closed at $.93 today. Up nicely from....
the $.75 it closed at on april 18th. They should report q1 earnings sometime in the next week or so which may continue to help the price. Any upward movement in TGZ bodes well for OLE as if and when there is a deal it will most likely be for stock. Whatever the deal is even if they steal us with 2 shares of OLE for 1 share of TGZ it will definitely have an immediate positive effect on both stocks. Investors will realize that TGZ got a great deal and that OLE will finally be able to exploit their property. I do not think however that this scenario would happen until TGZ gets their price well over a dollar. I can see TGZ rising after they announce a deal and therefore benefiting OLE as they would secure their mine life at a shareholder friendly price. There is little doubt in my mind that this deal will get done but many of us will have to hold the newly combined company for a while if we want to recoup our money or make a profit in the long run. I believe that OLE can trade at $.75 or higher after a deal is announced and digested by investors as TGZ will make it a point to stress what a great combination OLE and TGZ make. Comments?
Comment by
arlene2 on May 10, 2013 10:47pm
G F -- You deserved to be ridiculed then ---and now --- for your posts..........
Comment by
arlene2 on May 11, 2013 12:05pm
G F ---Sorry , I thought you said that you were "severely ridiculed" ......Evidently a mistake on my part......Regards , Village Idiot , Dumb & Dumber , Don't Know Sh.... From Shinola
Comment by
Goldfather on May 11, 2013 12:54pm
arlene, you are amusing......... i termed it "tongue in cheek' .... as in whimsicle, or perhaps even sarcastic................. thanks for the entertainment.
Comment by
goldn1 on May 11, 2013 1:27pm
Arlene: Don't pay attention to GF, his is a bitter little person. If you don't agree with him he starts to get personal. It wasn't long ago that he was quoting buyout numbers similar to the ones he is bashing today. Also, remember his idol is Parks, so you can see the type of person he is... G1