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Message: m&a team still intact

m&a team still intact

posted on Apr 26, 2010 10:51PM

it makes me wonder who and what would be a candidate.....that would add value to kxl....there are a lot of candidates but we are not in any position to take any body out who is in near term production .......we do not have sufficient cash to do that .....so a merger is the probable end result..... again we do not have an exceptionally strong hand....yes we have land, cash and a strong management team......but the merger candidate has to be as strong if not stronger than us to make the market react.....and i suspect the merger candidate will call the shots not kxl.....just p....ssing in the wind for now it should be interesting

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