02-13-2013, 05:41 AM
'Palm' pid='17296' datel Wrote:Palm- your words"Tri will be limited for a while" are spot on !! When I was a kid we had bee hives. In the winter months, not much activity. In the Spring the activity burst open. Imagine Tri as a dormant hive right now. When PRE & IOC start drilling in earnest, good things will happen . Ts of ng will be added. I guess that is part of my hope that we do a SD instead of a Sout . Hope some of the bigs will take a long-term view.
'admin' pid='17295' datel Wrote:Well, while there might be some sellers on the news, there will be new buyers enticed by the removal of most risks, the clock being set towards monetization and ticking down, and InterOil enabled to broaden exploration efforts. The removed uncertainty and time to monetization clarity should be enough to get more coverage and quite a few more institutional investors with a little bit more patient capital. The deal really has to be terrible for there to be any downside as any deal will remove a lot of uncertainty that is at present in the price. I can't see that happening, considering the quantity and quality of the resource, it's location, etc.Agree STP; assuming deal is as we expect there is said to be a bit of cash on the sidelines that will come into the stock. Then there are strong rumblings that the resource update which GLJ is working on will include Tri. We might see 12Ts+ reported. Tri will be limited for a while until more wells are drilled to prove it up, but that is scheduled to happen yet this year.