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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 papapdon May 10, 2007 4:03pm
229 Views
Post# 12760855

RE: Overall I think CLL did good increasing price

RE: Overall I think CLL did good increasing price.....not what it says here "The Debentures are convertible at any time at the option of the holders into common shares at an initial conversion price of $5.00 per common share" This is what is said about 2010... " On or after June 30, 2010, Connacher has the right to redeem all or a portion of the Debentures at the principal amount plus accrued interest provided the current market price of Connacher's common shares is at least 120% of the conversion price."
Bullboard Posts