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Re: tchauncy post# 2762

Friday, 06/12/2015 2:46:18 AM

Friday, June 12, 2015 2:46:18 AM

Post# of 4227
Oh boy, things are really getting complicated. The Strongbow side has Holloman as shareholders so this looks like Holloman wants to get a more friendly management in power at TGC. This is now a waiting game untill the AGM - july 15th.
This move makes it sound that TGC was correct in proclaiming it's operator status and the % required to decide on an operator, with this move Holloman could get TGC on it's side and isolate Perseville. This is getting ugly.

A removal of current management however would be a good thing, the cancelling of the farmin is like the worst thing ever decided.
Maybe we should align with the Strongbow side, I wonder how to get in touch with these guys...

If the current management get's booted and the new team goes after Perseville then we end up with more legal issues, that doesn't make drilling going to happen any faster, looks like I won't be far off from my sept-dec timeframe.