Again caveat emptor. Yes the existing management has failed miserably and yes it appears that there is a good prospect that the existing mob will fall to make way for a more positive future. However where is the value in TGX today ? Money needs to be raised and then spent to build asset values. None of TSX's assets are capable of immediate development without $s. That means very simply that there will have to be dilution before growth. Why on earth would Wall Street have any focus on TGX other than to ramp the stock for the short term gain by some self-interested party ? This is a long term play and only if the current mob go without causing too much damage.
TGX Price at posting:
3.9¢ Sentiment: LT Buy Disclosure: Held
