Post by
bankerboy28 on Aug 09, 2012 12:05am
Details...........................................
its an all share merger..going to be called LONG RUN EXPLORATION ...they need 66 percent approval from shareholders but WFE 45% have already agreed and Guide 23% have already agreed..so its pretty much a done deal....its a reverse takeover of Guide by Westfire...Guide shareholders get .4167 WFE share for each Guide share they own....based on todays pricing of WFE $4.65 times .4167 thats about $1.94 share price for Guide but it closed at $2.08 today...but is sure ran up big time the last few weeks....somebody was in the know...what a loss...this WFE gem was completely stolen...I would rather have just held on the WFE and see where it would have grown to in a year or two...too bad so sad...BB28