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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
Comment by PAGODA5on Apr 27, 2012 11:05am
193 Views
Post# 19843861

RE: average down...

RE: average down...

I don't think you are going to get much of premium on the sale of this company.  Whomever decides to buy is going to be very aggressive in their pricing strategy.  You may see a
.90 bid and frankly, given the roller coaster ride this stock has had, it will likely be approved. 

Not much upside to be had here.  

 

Bullboard Posts