Replies to post #3128 on Claren Energy Corp (CNENF)

[Tridentone]

Woww, i see that my post of last night got deleted.
So let me say it again:
Tgc got third party offer that coincided with the price paid by Perseville for the 25%. Chauncy saying that Rex was willing to pay 6 million for 10% IS A BLATANT LIE. therefore, the third party put a market value on the Pel of 10 to 15 million at maximum. That's for 100% of the Pel. Henc with 49% should therefore be trading at 6 million market cap, or less considering it has no cash.
The purchase of another 5% by Perseville at 3 million was thus done at a huge premium to help Tgc shareholders
But it allowed Tgc to be fully funded for the drilling campaign. The decision to cancel the farm-in agreement was THE BEST decision ever taken by management. Henc now is not carried anymore and must take care of its own expenses.
In light of the above it is clear and can easily be demonstrated by management what the offers were by third parties. It follows that there cannot be a clawback, there cannot be a class action lawsuit, and that this is all innuendo by Chauncy to sway Tgc shareholders.