Re: I have a suspicion that Not fears a big identity will--
posted on
Jun 13, 2008 08:49AM
step in and try and scope up PRB and FNC--- were the real motherlode ( MIGHT BE) that's the reason why they are holding down the price and trying to get these two companies on board ( advice from JPM and ITG).
NOT knows they will have no problem gettin FWR and SPQ --etc. on board.
IF fnc AND prb will not come to the table for NOT--- I suspect one of the bigger players will step in and force some action one way or another, maybe an 10% buyin of NOT and with that money NOT can convince the two to accept a JV or buyout.
THERE IS a lot of backroom thinking that is taking place (what could happen) and Dick and the BOYS (jpm and Itg) have all the ducks lined up to cover their a$$---- I am guessing a lot of wonderfull things will happen before the end of june and july ( 43-101-- tmx listing yes t-toronto-m-montreal-x exchange-ETC.
YES-- there is a reason they are NOT drilling close to PRB AND fnc-----just my thinking---HANG ON and good luck for all the longs--HAPPY.
one more thing the same identity that's keeping NOT down is also keeping SPQ and FWR DOWN---hhhhuummm does that tell you something.