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Bullboard - Stock Discussion Forum 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."

Bullboard (GREY:CLLZF)

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Comment by BargainHunter88on May 20, 2016 11:54pm

RE:RE:How much do you think Connacher will sell for?

Well, that sucks, there goes my lottery tickets.
Comment by birdie22on May 20, 2016 11:24am

RE:RE:How much do you think Connacher will sell for?

It`s another STP, they couldn`t get enough to cover the 1st Lein so suspended operations and waiting it out for oil to recover. Oilsands way to expensive compared to US shale, and CLC was paying ...more  
Comment by bullmarketson May 20, 2016 10:54am

RE:How much do you think Connacher will sell for?

doubt it .. debtholders are going to take a haircut..   its burning cash daily. would you pay up for something that you will lose more money on everyday.
Post by BargainHunter88on May 20, 2016 9:51am

How much do you think Connacher will sell for?

Would share holders get anything at all?
Post by birdie22on May 19, 2016 8:10pm

Connacher invites bids on its oil sands assets

Connacher invites bids on its oil sands assets    Connacher Oil and Gas Ltd (2) (C:CLC)  Shares Issued 28,329,037 Last Close 5/16/2016 $0.14 Thursday May 19 2016 - News ...more  
Comment by G1945Von May 19, 2016 5:35am

RE:Remember that February 2015 creditors

You got that right. The $1 Billion debt holders took it in the chin, so should the remaining creditors. G1945V
Post by birdie22on May 17, 2016 8:31pm

Connacher receives creditor protection until June 16

Connacher receives creditor protection until June 16 Connacher Oil and Gas Ltd (2) (C:CLC) Shares Issued 28,329,037 Last Close 5/16/2016 $0.14 Tuesday May 17 2016 - News Release Mr. Merle ...more  
Post by seashoreon May 16, 2016 9:56pm

That's all she wrote

the fat lady sings...most likely be delisted in a couple of weeks. 
Comment by G1945Von May 16, 2016 5:31pm

RE:RE:Filed for protection...best thing

There was not much of a choice. They need to keep the wolfs at bay a little while longer. :o)
Comment by thedave2006on May 16, 2016 5:00pm

RE:Filed for protection...best thing

once burnt twice shy......sad history for company and shareholders of whch included how many reverse splits in its history? now bye bye a la credit protection. ps. played them decade or more ago ...more  
Comment by birdie22on May 14, 2016 4:57pm

RE:RE:Market cap of 3.8 million???

Some one may pay the equivelant to .50 cents a share or a lot more but that will be from the reciever with no debt or shareholders attached. The new ClC has $ 255 million ( about $ 9.00 a share ) in ...more  
Comment by stockwrestleron May 14, 2016 2:38pm

RE:Market cap of 3.8 million???

i think a buyout at 50c would be a great deal for someone... glta
Comment by BargainHunter88on May 13, 2016 11:48pm

RE:Market cap of 3.8 million???

What do you think would be a fair value for this one then? Thanks.
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