GREY:CLLZF - Post by User
Comment by
planet51aon Aug 21, 2009 11:12am
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Post# 16237747
RE: RE: RE: CLL to take over all of PDP? Halted
RE: RE: RE: CLL to take over all of PDP? HaltedAgree with RGrocks- both would be halted
Wishful thinking would be a take over by Petrobank Or PRE with some equity left for Connacher but that's way out in left field.......any take-over now would be at fire sale prices. Not in the best interests of Connacher or its other shareholders. The other thing is they may have some good news to try and prop up the share price for the up coming dilution either way they seem lost, after spending 25 million on one hole the news would have to be really good to get PDP on any sort of upward trend