SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : TDYH - Tandem Energy Holdings

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DELT1970 who wrote (13)4/6/2006 5:07:31 AM
From: eik  Read Replies (2) of 42
 
According to my recent talks with both companies (FWIW) the merger is on track. If you read Tandem's January announcement ("should be closed in 90 days") - April is the month... PGRIW has about 40% upside right now, and maybe more if/when the deal is closed (PGRI may jump on news). Of course, everything is possible, and, you are right,in some scenarios warrants are worthless.
Assuming that the merger is done as planned, what do you think about new Platinum Energy? From my conversation with IR they plan to be listed on big exchange (NYSE or NASDAQ), and may look for other acquisitions. Looks like a perfect start: no debt and big upside potential. What's your opinion about the value of the property they are buying from Tandem?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext