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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Anybody knows why they are in a rush to sell?!
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Post by valu_nvstor on May 14, 2013 1:36pm

Anybody knows why they are in a rush to sell?!

This company has attractive valuation and growth potential. Anybody knows why they are in a rush to sell?!
Comment by sherbrooke1 on May 15, 2013 3:38pm
This post has been removed in accordance with Community Policy
Comment by Steelhead15 on May 15, 2013 4:53pm
Good play on words!!
Comment by valu_nvstor on May 15, 2013 7:28pm
Here is what makes me think they are in a rush: They are willing to consider selling the whole business or willing to consider any offer for some assets. From my exposure to marketing oil and gas asset sale you lose leverage when you say that. Even worse, it is certainly not a seller's market right now. Again, they have very attractive valuation and growth potential. In my humble opinion, they ...more  
Comment by Steelhead15 on May 16, 2013 8:30am
I've only been following this stock for a few months. I was attracted because an investor bought quite a large position and wants growth ramped up by acquiring a JV or marketing the company for sale, etc. It was his buying which drove the stock up. TOL promised to be more proactive. I think a lot of us are waiting to see the results the company promised to the investors. BXE is trying to ramp ...more  
Comment by valu_nvstor on May 16, 2013 6:31pm
after a little bit of more research i think they are doing "rushing" this process based on a request from probably a large holder of the stock "Andylan Capital Strategies Ltd."  I am still waiting for the Q1 results. Anybody knows when they release?
Comment by sherbrooke1 on May 16, 2013 9:44pm
This post has been removed in accordance with Community Policy
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