InvestorsHub Logo
Followers 55
Posts 6022
Boards Moderated 0
Alias Born 01/10/2004

Re: None

Monday, 09/20/2010 11:58:19 AM

Monday, September 20, 2010 11:58:19 AM

Post# of 35813
TGB filed preliminary shelf offering prospectus for up to $300million. Total capex is currently only about $850million so shelf offering, if executed down the road, would represent huge dilution.

That said, this may also be a good indicator that they will get approval on their major new project (over objections of the indigenous).

Honestly, I'm not sure how to interpret the prospectus or its intent, but TGB is up 4% on the news in any case.

Back fm 2wks in Montana, Wyoming, and Idaho.
Double rainbow & cat-tails at Nine Pipes National Bird Sanctuary.

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.