Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Re: Acquisitions

Feb 04, 2009 02:55PM

Feb 04, 2009 03:23PM

Feb 04, 2009 07:50PM

Feb 04, 2009 09:24PM
1
Feb 04, 2009 10:21PM

Feb 05, 2009 07:07AM

Feb 05, 2009 07:46AM

Feb 05, 2009 10:35AM

Rebels - Happy that you weren't making fun of Jurek's English ........

but you still do not seem to understand his point !

He is talking about CLL being acquired by another company as CLL is in a financial bind.

You are talking about CLL acquiring some other undervalued company

" it may be a better choice for CLL to use the cash on hand for Algar to snatch up another company"

CLL is not in a position to buy anything - all of their cash on hand is already required to meet expenses. CLL is virtually bankrupt and will not be able to meet their operating expenses and interest payments if the price of oil doesn't move up to a profitable level.

XBB


Feb 05, 2009 11:42AM
1
Feb 05, 2009 11:56AM
1
Feb 05, 2009 07:38PM

Feb 05, 2009 09:18PM
7
Feb 06, 2009 06:31PM

Feb 06, 2009 08:58PM

Feb 07, 2009 02:29AM

Feb 07, 2009 09:04AM
1
Feb 07, 2009 09:36AM
5
Feb 07, 2009 06:13PM

Feb 08, 2009 03:17AM
2
Feb 08, 2009 04:07PM
Share
New Message
Please login to post a reply