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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
Post by planet51aon Jan 24, 2012 8:14pm
663 Views
Post# 19444492

Nuttal Interview

Nuttal Interview

Just listened to the interview with Nuttall on BNN, regarding a Connacher question from a caller, and was quite surprised at his response, did n't hold pack on his  comments about DG, saying he had a long history of shareholder value destruction, Also his estimate on buy-out was much different than the last time I saw him promoting Connacher even under the old management team. Very sharp guy and quick with the answers which at times may be very self serving for his objectives, he mentioned that at one time he held 13M shares in the fund and had exited that position, although he neglected to name at what level, from his attitude I think he took it on the chin and was still smarting from the thrashing, wouldn't be a bit surprised if he is building a postition again, and named the highest price he would pay, before the take-out. 1.20......he is a good two stepper. I do like it when they interview him, fast with the answers but you need a de-coder ring to figure out what he is really saying.

Anyway just my opinion

Planet

 

Bullboard Posts