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 : Canadian Oil & Gas Companies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Syncrude who wrote (5588)11/16/1998 6:41:00 PM
From: Lorne Larson  Read Replies (1) of 24925
 
I was interested in your comment regarding posting probable reserves
at a 50% discount. It seems to me that some companies discount and
some don't, which I have always found confusing. You seem to have to
actually dig through the Annual Report to be sure.

I'm less than impressed with a bid at a discount to market, where the
bidder then trashes the company. Nice tactic - if he can drive the
price down he stands a better chance of having his bid accepted. I'd like to see this guy present some hard facts, such as which particular
reserves shouldn't have been booked and why not. So far all we have is a lot of rhetoric.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News