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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 cartach13on Feb 24, 2010 1:03pm
455 Views
Post# 16815447

RE: RE: RE: RE: CLL will be taken out when Algar s

RE: RE: RE: RE: CLL will be taken out when Algar s  Read the SRPlan for CLL on the website news release when it was approved at a shareholders meeting. You obviously should, as you would know that a permitted bid exception means that only approved [read-acceptable] takeovers would go forward without triggering the protections in the Plan. What do you think an SRP is anyway? It is specifically designed to protect shareholders from a hostile bid,i.e., a lowball bid. Furthermore what were the results of the challenges you refer to re Tyler and Falconbridge and are you sure that it was a shareholders rights plan being challenged?. As a previous owner of both Tyler and Falconbridge I would be interested to know. Maybe I missed something when my shares were bought out.
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