Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Syncrude who wrote (6083)	2/24/1999 11:53:00 AM
From: mick	Read Replies (1) of 24921

This REL Deal is Outrageous What the heck is this 12 M$ breakup fee? A way of lining each others pockets? Who is Dominion? Brother in-law of Paul Baay? No way in hell should this deal go through. It also appears from trading that insiders were slowly dumping with knowledge of what the final offer would be. I am amazed - not that this happens, but this can be so blatant. This deal is so bogus. According to the press release in NOVEMBER 23,1998, they still had the cash flow to service the debt. This one stinks so bad, its not funny. I will wait for something better. The board better tell what those certain circumstances are for this 12 M$ fee.

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