Glenn MacNeill, P.Eng.Daylight Energy LtdDAY.TODON'T BUYJun 16, 2006
Merged with Sequoia Oil & Gas Trust (SQE.UN-T). This will give them economies of scale, technical people being able to concentrate on the valuable assets. Not a favourite trust of his. Assets are not as good as other companies.
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.