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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
Comment by CapeBretonon Dec 12, 2011 7:50am
677 Views
Post# 19312305

RE: Formal Offer Is Coming

RE: Formal Offer Is ComingI agree, I do not see how this is not a "formal" offer.  There are ongoing discussions, the proposal is "conditional" and confidential, with neogotiations ongoing.  Conclusion.....this company is sold.  It will be interesting to see if Eric Nutall comments today.  Although if he does know anything he may not comment, or with so much unknown he may also avoid talking about it.  Question is how fast will all the cards be shown.  When I emailed management for more information they replied "No comment".   Things are happening.  Only question is what is the price.  I say 1.80
Bullboard Posts