Connacher Oil & Gas Ltd CLLZF

This was CLLs risk

[rehsifylf]

The risk they ran of not getting a deal done quickly was that they would get sucked into global concerns (that have not gone away, but seem to slip out of the collective consiousness from time to time).  They have to be close to a deal now.  They need to get er done.

 

Its possible this will help the process, but no reason a deal shouldn't already be completed.

 

The reason I held my shares was that hard to say which would happen first - the sale or a correction in the broader market.  A little frustrating and some big sellers are taking their profits and moving on.  Seems like BMO is always the first.  And when the MMs know someone wants out, they make it painful for them.