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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: kingfisher who wrote (141579)11/3/2010 11:40:13 AM
From: Salt'n'Peppa  Read Replies (1) of 206325
 
Kingfisher,

I don't follow TT closely anymore but do still own a few thousand shares.

I did read that Montney report and was pleasantly surprised with the numbers.
I had no idea that they were planning to spin off the Montney, but you have pointed that out in the company's latest presentation.
Hey, it worked well for Encana but they are a bit larger than Terra!

I can't see how forming two discrete companies would be value additive to a tiny outfit like Terra. It goes against the traditional business model of "consolidate and layoff".

Maybe they have a buyer for their Montney and are trying to put the package together?
They have done this before, getting a very good price when Crew bought their Montney rights a few years ago.

Who knows?
S&P

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