Rolling Thunder Exploration Ltd (fka RTHXF)

[pericles]

Some thoughts on the merger. I think it's a fair deal and makes sense. With tax selling I think in the short term we where going to test 30 cents on the stock. Rolling Thunder has cash and San Telmo's production makes them much less risky.

We get a new management, I was just about fed up with Brian, I think the change is positive and Chris Dyakowski will not be on the combined board of directors, a definite positive.

We should see more activity with the combined company and more opportunities for market attention. I don't believe the new Rolling Thunder will perform any worse than San Telmo would have and maybe better.

I would have hoped for a little bit better conversion into Rolling Thunder shares but I expect to take the cash conversion percentage and hold the rest of the Rolling Thunder shares, and hope for successful drilling. I also like the name better.