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PGHEF - The 'Chance Brothers' Visit Pengrowth Energy
Pengrowth Energy Corporation
Very few events are more disliked by shareholders than a visit to the company by the chance brothers. Nonetheless a visit and possible long term stay became reality when Pengrowth Energy (OTCQX:PGHEF) management announced "strategic alternatives". This news may be the beginning of the end for the common shareholders. The brothers Fat, Slim, and No all serve as a warning that those hoping for a favorable outcome may be wishing for a very slim possibility.