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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Comment by november01on Jan 13, 2012 1:34pm
796 Views
Post# 19401747

RE: RE: Will we get a fair offer?

RE: RE: Will we get a fair offer?

As far as I'm concerned a fair offer would be $3.00 + debt. There is over 500m barrels in the ground and the reserves go up every time they drill. The quarterly reports will finally be profitable. Even at $3.00 per share thats works out to about 2 billion including debt. That's a bargain as for as I'm concerned. If people would only let the share price go this stock would be back at $2.00 in know time.

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Dealroom for high-potential pre-IPO opportunities