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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Comment by oilnvstron Feb 02, 2012 10:20am
437 Views
Post# 19479174

RE: how long for sale

RE: how long for sale

I can't see anyone making an offer until the latest reserves report comes out later this month. This will give potential acquirers a chance to assess the proven (P1) reserves versus much less valuable probable (P2) reserves. In my mind the buyout could take place this month but probably not until late March. In the meantime we can still buy the dips and sell the rips.

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Dealroom for high-potential pre-IPO opportunities