GREY:CLLZF - Post by User
Post by
yitearpon Apr 25, 2012 8:46pm
220 Views
Post# 19836788
below NAV
below NAV Wouldn't it make sense that SP be at NAV (94 cents) as we await news of sale (or not) of CLL; I would then understand SP movement either way. I would think someone like CVE could purchase CLL and then sell off non-core assets such as refinery, conventional oil, land/leases (300M?) to pay off a large portion of the debt. They can then optimize/expand the SAGD oil sands plants.