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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by myNEXTmillionon Jan 06, 2012 11:47am
656 Views
Post# 19375849

RE: And, Todays Interview Proves it !

RE: And, Todays Interview Proves it !

Sounds more and more like the 3 firings occured because they supported the buyout offer.  The suspension of the JV partner selection or whatever, is IMHO because CLL wants the latest reserves report before any decisions are made.  It makes sense to deal from a position of strength.

IMHO, the activist investor probably bought in really cheap when stock was removed from the index and they want to make a quick buck... can't do it if it's under a buck (pun intended).

I believe RG made the right moves...

mNm

 

 

Bullboard Posts