tyska

Thanks SD. Try not to laugh, but I've never been in an elevator with a TV screen, benefit or curse of living in the boonies. Any thoughts on if both are waiting to see were the ppa comes in before a final push. The suspicious side of me thinks that this should be resolved already and someone is delaying it.

SD, I was never good with crosswords. :-[ Who is the "elevator news network"

Is there no end to the length of time that they can keep extending this. It's like having a tooth pulled in slow motion.

Good luck, we will need that. I doubt they will up their bid by that much tho. As much as I hope for some of the scenarios, mine is more dour. They have tested the waters as to if there is anyone to stop them from pilfering the minority shareholders. They are now emboldened by what they have found so are free to carry on. Maybe a wink wink nudge nudge to Steelhead to tender or even just vote their shares along for management changes and a distribution of the spoils later. All these thing wouldn't be done if any ethics were involved, but it's pretty obvious that isn't in play here. So I guess good luck is about all we have left.

I've tendered to Merc also. Probably costly lesson on investing in anything in Quebec. Changed my opinion of Fairfax forever also. The regulators seem to have gone out of their way to thwart the minority shareholders getting more value for shares. Maybe the corruption runs deeper than just construction there.

On the other hand, that's an argument that they should want to feed money to ABH to protect their investment there... I thought they had an interest in Mercer also.

That part I understand, but does Mercer have shares outside of what is being tendered to them now, through their offer. And the offer is still open if I understand it correctly, not sure till when though. So if another offer came from ABH now wouldn't those shares tendered just be moved over to the ABH bid. So Mercer wouldn't gain on them, the shareholders would. So many changes, trying to remember, did Mercer have a minimum share number on their bid?

Not quite sure if I follow your line of thought there SD. Are you meaning the shares that are tendered to Mercer now, in connection to getting both Steelhead and Mercer to tender. As I understand it the Mercer offer doesn't close until the 21st or 25th of April now, not sure if it is 10 calendar or business days. Is ABH going to hold out till then before making this offer and do you think they would really slap the lockup group in the face buying their shares for a dollar then turning around and offering more to others. Not saying that I doubt it, just wondering if you think they are capable also. ;)

I see pulp is up across the board this week also.

Maybe resolute can make a quick buck off the lock up. Take in the shares then tender to the mercer bid. ;)

One would like to think that someone will give resolute a a smack upside the head and they will make a fair offer and end this. But I worry they are just too hard headed for it to work.

http://www.canadianinsider.com/node/7?menu_tickersearch=tot They have been fairly steady at about 15,000 shares a day, give or take the odd day lately. I know I have come across what percentage of the average daily volume companies can buy back. But seem to be unable to find it right now. Does someone know off the top of their heads what it is.

Interesting thread, seeing how I just had this sort of debate with my 17 year old son who wanted to go paleo. I couldn't see the logic in it and I think he is questioning it also. I challenged him to look back through our genealogy and tell me which relative of his he thought would have lived a longer or healthier life by having cut grains out of their diet. Both sides of the family have the benefit of most relatives from the last three generations living fairly close by, so have first hand knowledge of health problems for them. But even the genealogy from generations before, while the average lifespan may have been shorter. When a person looks at it, a lot of the deaths were children with pneumonia or young women in child birth, which lowers your average life expectancy quite dramatically. I think a lot of the problems of the last two generations can be connected to processing. Which I guess is avoided in the paleo diet, but can be avoided with grains also if you work at it. The grains eaten a few generations ago were oatmeal and bread. The oatmeal would have consisted of rolled oats and water, the bread - whole wheat or rye probably ground at home,yeast,butter,salt and honey or a little sugar. Look at the ingredients list on a package of instant oatmeal or a loaf of bread today. On a slightly similar note I could never figure out all these stories on how pasteurization of milk stopped the spread of all these illnesses. Outside of the obvious if your cow is sick with some disease like tb or brucelossis . As everyone that I knew growing up drank raw milk, and my whole family still drinks raw milk with no problems. Then I read this book about milk and the crap they were trying to sell from the swill dairies and such back then. The problem wasn't really raw milk then. Even today with the mechanization of milking, there is no way one can get all the crevices in the machines, the piping, the holding tanks, transfer hoses, transport trucks, processing equipment clean. So I can see the need for pasteurization. But that still doesn't mean that raw milk is dangerous, you just have to use a little logic.

Has anyone ever heard of this before. I know I haven't, but then I'm not near as knowledgeable as most on this board. A takeover bid for less than 50%.

Saskatchewan

There has always been something more to this as far as I'm concerned, and it has to do with FFH. The legal costs, and time wasted, at some point, maybe we are already there, will have drained more value from the company than just upping the bid.

What odds would anyone give that they ask if the Supreme court will hear it.

Until the 4.7" comes out ;)

I'm wondering if enough safety features could be incorporated into home filling. Seems like a disaster waiting to happen with the connecting and disconnecting. Can't tell you how many times I've seen cars driving with the extension cords dragging behind in winter also.

I have no dog in the hunt so to speak either, but all that I notice is you never answered Racemize simple question. Political aspirations possibly . ;)

Two of my oil service companies reported record results yesterday and the market has punished them the last two days. Both have very low debt and lots of room on their credit facilities.Both under 10x ttm p/e So the only thing I can see is the market was looking for a big jump in dividends. One increased their dividend but still yields very low, the other left theirs alone, although to be fair they just instituted a div last quarter. http://www.totalenergy.ca/component/content/article/64-news/225-mar-14-2012-total-energy-services-inc-announces-2011-results.html http://pureenergy.mediaroom.com/index.php?s=15950&item=124341

This may have been addressed before, but how long can Resolute keep extending the offer. And each time they extend do they have to get agreement from the locked up shares or do they automatically follow as long as the offer is active.

Why should one be in a hurry to tender to Merc. We need to show our preferences loud and clear and asap. I may be misunderstanding something here. But if neither get 50%, wouldn't we be showing the preference that we think it is worth more than both bids.

Why should one be in a hurry to tender to Merc.

For anyone still following pbn they seem to be finally getting production problems under control. Increasing reserves nicely also. http://finance.yahoo.com/news/CORRECTION-FROM-SOURCE-ccn-1897738274.html?x=0 Also sold some properties a while back to take a little debt pressure off.