Due to the large amount of acerage that CGX controls, 5 PPL's, wouldn't there be some competion amongst the majors to obtain control of these PPL's giving CGX a bit of leverage to negotiate something more than a fire sale price.

I still think PRE might become a player here, they have 38 Mil invested in CGX shares, they might jump in and keep CGX in the game at least untill Jaguar results are known.