GREY:CLLZF - Post by User
Post by
prairie08sheikon Jan 07, 2011 7:44pm
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Post# 17941950
MEG in $30.00's
MEG in $30.00'sWhile with a new IPO and production in 35,000 bd, price in mid 30's at Christian Lake for MEG. Then, there is CLL with half the production and price around one tenth, what a disparity. The other lost brother seems to be OPTI, under a dollar. Both seemed to have considerable debt to overcome.
However, noticed the volume of shares traded in CLL is up considerably this week.
Is everyone hoping that word is out and hopefully a takeover is in this new year. What part will PDP play in it is another question.
If a takeover, then, what price. Will it be similiar to UTS takeover price of over $3.00. The bonus of SBE in the UTS takeover is down somewhat-perhaps new company will bring out more detatils once the winter drilling season is over. ]
What is the AOS and CLL association in the takeover??