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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
Post by goldpigon Jan 24, 2012 7:42am
775 Views
Post# 19440573

Get ready for trading halt

Get ready for trading halt

The controlling shareholder has had plenty of time to consider the potential bidders and their interest levels.

The data room has been open for 6 months and the standstill has been removed.

The stock is blocked in a tight trading range.

That means that a takeover offer is on the table and is  in the final stages of agreement.

Which means a trading halt very soon.

Bullboard Posts