GREY:CLLZF - Post by User
Post by
birchjunkon Nov 30, 2011 10:53am
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Post# 19278630
Data Room Open, Sprott wants Cll Sold
Data Room Open, Sprott wants Cll SoldSprott Asset Management have a large position here and Eric Nutall of Sprott is on the very recent public record as saying that now is the time to sell CLL.
CLL has reached a turning point with the solution to the production problems of the new process they will now attract a take over from a data room interested party.
CLL has the best oil sand SAGD leases in thr tar sands.At 95% saturation no other late commer to the oil sands can get that kind of ground.RG paid $4000 per acre that same acre sells for a $ million now.Ike Batista ( $ 33 billion net worth)says that the world wide car fleet will increase to over 1 billion in 20 yrs.He said the majority will run on oil,making him the worlds richest man from his oil and gold investments.He said oil demand is exploding in India and China.
Bottom line the fix is in at Great Divide.CLL is now one of the most attactive take over targets in the oil sand space with its estimated 5 billion brl reserves of high quality 95% saturated lands.