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I'm still trying to figure out what advantage

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the cork   Wednesday, 04/29/15 03:50:00 AM
Re: Iron Maiden post# 9905
Post # of 9927 
I'm still trying to figure out what advantage there is for Pacific Rubiales Energy to do it that way. If PacRub has already guaranteed (assumed) the BPZRQ debt, in exchange for a court approved assumption of BPZRQ assets, what advantage is it to PR to offer anything for the BPZRQ shares? That interest could just as easily be extinguished in the Chapter 11 process.

I have't played the Q's for quite a while now so I'm a little rusty with the finer nuances anymore. I wish I had the time to give this one the attention it deserves. Sounds like it might be worth putting a little WTF money in just in case.


.................................... MINING & METALS Board http://investorshub.advfn.com/~*~Mining-and-Metals~*~-15977/
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