Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: John Stopforth who wrote (28)	5/31/1996 11:44:00 PM
From: Kerm Yerman	of 24933

John/Sunalta Glad to hear from you again. I sold Sunalta some time ago @ $0.80. Didn't really want to let go of it but needed to cover margin. As it turned out, there was no need to sell. There is no doubt that shares were undervalued and still continue to be. However, in a buyout situation, the company will hire a financial company to evaluate fair value opinion. It is quite possible that other companies may bid higher. If the company was entertaining bids, this is quite possible. Who's the company that announced the buyout proposal. I will check Canada Newswire and then get back with more comment. O-K, just reviewed news release. Not much choice on your behalf. The timing or closing date wasn't identified. You really made a good investment and will get good return without paying commission. There are other good situations of which I will e-mail details.

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