InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register account icon
S&P 500
5,505.00
(
-0.71%
)
US TECH 100
19,000.00
(
-0.94%
)
Dow Jones
40,287.53
(
-0.93%
)
Brent Oil
81.88
(
0.00%
)
Bitcoin
66,926.83
(
-0.37%
)
Post# of 7631
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

lootie

Send PM Follow Ignore
Followers 0
Posts 379
Boards Moderated 0
Alias Born 11/26/2007

lootie

Re: Sam Dan post# 5849

Friday, 07/17/2009 5:19:47 PM

Friday, July 17, 2009 5:19:47 PM

Post# of 7631
Just adding to your points Sam.
The move initially did not make sense to me.Picacho was considered a prime property so why would TRGD dispose of it?
A fact:TRGD still will be able to attribute 82% of Picacho to itself,via the TARM holding.Not a big loss-18%.So,if Picacho looked good and added value,TRGD still gets added value.

The beauty of the move,as I speculate ,is this,TARM gets a revaluation on good news from Picacho.

The possible share price gains, both TRGD and TARM get ,when Picacho has any good news.A double up.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up