Gran Tierra Energy (GTE) Message Board

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Gold/Mining/Energy : Gran Tierra Energy (GTE)

GTE 3.710

-0.9%

3:59 PM EDT

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To: KaiserSosze who wrote (104)	6/15/2008 11:09:18 PM
From: architect*	Read Replies (4) of 161

If Solana was acquired by another oil company would this be bearish, neutral, or bullish for Gran Tierra? I've assumed a buy-out of Solana would be short term bullish for Solana (assume 30% premium), but very bullish long term for Gran Tierra. A small cap like Gran Tierra would typically provide better leverage, than a major or mid-cap that might have cash or paper) to buy-out Solana. Clearly, Solana's share price is not anticipating a buy-out as SOR.v share price is a discount to the net asset value of reserves of Costayaco, and a discount to the 14 month forward guidance on production estimates from Costayaco, (ie cash flow valuation at mid 2009).

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