Solid foundations. New horizons.

Free
Message: Latest Trade is ridiculos

<<< As it sits right now, they are in the process of determining the interest for the PP.

This could take a couple of weeks. Once they have garnered enough interest then they will set the price about a week before closing.

I was told that this could take up to two weeks with a closing in a month or so. >>>

Which begs the question: Why even announce a financing if the most important details are still up in the air? Why not do this work first, and then make the announcement ? Makes more sense to determine the interest first, no? BMO are not cowboys, but feels like somebody is. The market does not like uncertainty. A little surprised at Dave here, unless there is more than meets the eye behind this whole transaction.

At least we still have good money in the kitty and this will not delay continued work on Borden.

Also curious as to who was scooping up shares big time yesterday afternoon. Whoever it was is missing in action today.

Share
New Message
Please login to post a reply