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Message: Bulls Eye Target - Freewest Joint Venture

Re: Bulls Eye Target - Freewest Joint Venture - miskealp1

posted on Nov 03, 2009 10:08PM

I think NOT's chances of getting KWG are worse than their chance of getting FWR. Don't forget Cliff's 19.9% of KWG shares and Frank has at least 10,000,000 shares as well as what the other directors control. Retail would only have to withhold less than 10% to kill any deal. That's assuming any bid was sub par and BOD recommended refusal. Maybe any deal by Cliff's would be viewed as sub par too? All conjecture at this time. At any rate KWG's time will come and all the argueing and posturing will migrate over here.

I too would like to hear KWG's thoughts on what is transpiring with their JV partner, but maybe it's not their place to comment.

SRV

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