Connacher Oil & Gas Ltd CLLZF

RE: Just 1 more bash on CLL

[Wellsitter]

Mouthrunner said: "Buyout at $1.50 is the only escape realistically speaking. I'd vote yes."

I'm sure your 100 shares would be all they need to put them over the top too.

The bottom line is this: the markets aren't assigning true value to anything right now because of the massive uncertainty in politics and economics. From Cap & Tax to the unknown effects of Obama-Care to lingering unemployment to bankrupt state, federal and local governments, everyone from mega-business to students living in their parent's basement (like most of the mouth-breathers posting here) are holding on to their money.

Regardless of which market you care to examine, there are lots of sellers and very few buyers. Real estate is down due to a lack of buyers. Automotive is down, manufacturing is down, pharma is down, financials are down. Even currencies are down. Nothing is being valued today as it was a month ago because everyone thinks, as is prevalent in a deflationary economy, that if they wait, they can buy for less in the future.

This will last until a major shooting war starts or a major currency loses all credibility and then fear and inflation will grip the markets and hard assets such as wheat, corn, oil and precious metals will enjoy valuations on orders of magnitude higher than present. The companies that own those assets will be re-valued accordingly.

I can wait. And the low volume in trading suggests that there are many others like me. Feel free to blather-on though Mouthrunner. Unlike some on this board, I know that you have as much effect on the price of this stock as you have credibility on this board.