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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 kogon Dec 15, 2007 10:12pm
245 Views
Post# 14027428

RE: the will use 800mill LOAN to BUY CLL OUT!

RE: the will use 800mill LOAN to BUY CLL OUT!I would love to know what the average per share cost is for the 40,000 private investors. I bet the majority are currently underwater (bought at a higher price and have not broken even yet). With management apparently doing very little to promote a share price increase, many are getting itchy triger fingers. If someone comes along with a cheap offer and DG and the boys cash out their millions of shares both in CLL and PDP, we will truly have been "bag holders". Many believe that DG monitors this board. If so, we need to let him know our expectations re "our" company! If a cheap buyout is accepted by management, is there a lrgal recouse?
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