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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

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Post by Fullblast on Jan 30, 2014 11:25am

Come on

Riskybiz, stop it already. You're reputation is 1 star for god sake. We all know you're negative on TID. You're point is made.
Comment by pennywyse2 on Jan 30, 2014 11:37am
Risky's been right so far. Lets examine how this might work. TID, the company you have shares in, does not own the rigs, they are owned by the operating subsidiaries in Brazil, Columbia and Ecuaror. TID owns the shares of those operating companies. The debt is on the books of TID, the security for the debt is the shares of the operating co's owned by TID.   CS form a new ...more  
Comment by khaledb on Jan 30, 2014 11:46am
It was possible to Walter to sell TID to one major drillers ... why he cannot and CS can?
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