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Message: Kzetmeir - Buy out example..
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Sep 25, 2008 04:11AM
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Sep 25, 2008 04:28AM

Sep 25, 2008 06:03AM
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Sep 25, 2008 06:45AM
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Sep 25, 2008 06:53AM

Good post.

I have often wondered how things would play out when KXL really takes off. I recently told my father that it is sometimes better to take profit and sell prior to any deal versus converting your shares to the new company.

I once held Sleeman Breweries and sold my shares prior to the Sapporo takeover. I got a good return on my investment, but could I have done better by holding Sapporo?

Water under the bridge now. In a roundabout way, those Sleeman shares eventually became KXL shares.

Even if one is a passionate KXL shareholder, you always look out for Numero Uno. I hope this is a conundrum that we all have to deal with when Kodiak announces the motherload!

Hope you did well with Gold Eagle.

KG


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