Bullboard - Stock Discussion Forum FORENT ENERGY LTD. V.FEN

Energy Oil & Gas E&P

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm... see more

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TSXV:FEN - Post Discussion

FORENT ENERGY LTD. > pog merger?

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Post by wealth2015 on Sep 22, 2016 12:30pm

pog merger?

pog is trading @ $0.39 and fen bid is $0.205 = no merger deal market is telling us

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Comment by Phonse47 on Sep 22, 2016 3:41pm

merger is alive and well IMO. POG making orderly share price progression. I attribute to relationship with VLP and royalty improvement on FEN's Ribstone assignment. Couple that with RL china visit last week together with pog update on final stages of financing, merger is a go. Share price just hit. 4 today which is also a requirement for the merger. Fen will catch up and merge in short order ...more

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Comment by wealth2015 on Sep 22, 2016 4:48pm

thanks for your opnion and hope it works out that way...maybe just crazy markets

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Comment by wealth2015 on Sep 23, 2016 3:34pm

spread in share price between POG & FEN is just too big for deal to close....if the deal is real traders will jump over this trade, nobody leaves that kind of money making opportunity if this is REAL...short POG and long FEN if deal is real, I'm very surpised if TSXV is not asking questions about trading

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