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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 leveraged1on Jan 13, 2010 11:00am
400 Views
Post# 16673172

Partner - Discount - Uncertainty

Partner - Discount - Uncertainty
If the market is $1.38 and the NAV (as per London presentation) is $4.65 that is a whopping discount of $336%.
If RG gives some new partner a "read deal" on some part of CLL's assets - say at 100% discount !

That is still a 226% INCREASE over what the market is giving us right now.
 
Ever wonder if CLL's  potential partner may have been a big part in the substantial volumn that occured over the last few weeks. Selling now - that negotiations are on the table. 
Bullboard Posts