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Re: FH_Trader post# 474

Thursday, 02/17/2011 11:56:20 AM

Thursday, February 17, 2011 11:56:20 AM

Post# of 1761
Buyout target seems overly optimistic. Why would somebody pay 300+% premuim for a run-of-the-mill outfit like TRGD/TARM? They'd have to have some legitimate resource estimates to justify a hefty premium.

It's clear that TRGD/TARM do not have the operating cash or resources they'd need to be tough at any negotiating table.

'peeker

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