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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Kerm Yerman who wrote (1978)1/14/1997 1:27:00 PM
From: aknahow   of 24939
 
Kerm, Thanks I understand what you are saying Of interest to me is the article I read in Nickles archives. Was pleased that I had remembered it correctly. What seemed strange at the time of the merger with Czar is that both Gulf and Ranger said its off if merger with Orbit goes through. This did not make sense to me and I really only understood it yesterday. Once they had signed agreement to enter Czars data room they were precluded from taking over Orbit. Do think deal was made. Fight to take Czar was less intense since L got to keep Orbit. Thats my opinion and not based on anything else. Again not buying Orbit or recomending it and agree it looks less interesting based upon insights developed. Understanding why people believe what they do is as valuable to me as a recomendation. At times the thought process will open a door or turn on a light and one uses that in the future for a non related situation. Still predict someone will make a run at Orbit but have no idea if that will benefit shareholders.
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