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ensign rig, page-15

  1. 22,262 Posts.
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    Buddy and Mav, if you didn't see that STO T/O coming, you weren't watching the game. STO already had ESG by the proverbials with their own 20.9% holding of ESG and ESG's SP going nowhere @ .59. When STO comes up with a T/O of STO shares to the equivalent of .90 cents, what did you expect the Board to do? MUCH rather be holding .90 cents worth of STO shares as an "investment" than .59 cents of ESG stock.

    Mav, you have been talking T/O of ICN all along, what do you think that you would accept?

    We might hear some details of the Ensign rig today, but, if Ensign Rigfinder says that it is 100km N.E. of Innamincka, surely it must be close to there? Could tell some very interesting stories. Soon know.

 
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