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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 yitearpon Mar 19, 2012 8:01pm
751 Views
Post# 19692275

suitors for CLL

suitors for CLL

Some think they know there are no suitors for CLL.  Myself, I'm not presumptuous to think for a second I know- how could I, I'm not in the boardroom or speak to Goldman Sachs on a daily basis as others must be to assert without any equivocation that there is no interest in a purchase of CLL.  What I do know is this: if there were no interest in CLL, why didn't share price crater following release of miserable Q4 financials.  Notwithstanding the pecuniary shortfall, surely the decreased production guidance for 2012 should have induced a massive sell-off?  But here we are, a couple of days following the Q4 numbers release with all this negativity surrounding CLL and yet the share price is hanging in at $1.  Deductive reasoning would lead me to infer there's quite a bit of interest in acquiring CLL.

Bullboard Posts