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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

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Message: Resolute Funds

Resolute Funds

posted on Feb 11, 2009 12:00PM

I read the following on another site and was wondering if someone on this board can tell me if this is true. I've been googling around various sites and can't seem to find this info anywhere, where it mentions that Resolute has 33% of CLL shares. I don't access to the other site, if I did I would ask that person directly where they got the following info.Thanks in advance. Jokal

"RESOLUTE FUNDS HAS BOUGHT 40,000,000 CONNACHER OIL SHARES.. FACT IS RESOLUTE HAD ONLY 11% OR 23,000,000 SHARES AT START NOV. NOW 40,000,000 SHARES BOUGHT BY RESOLUTE FUNDS .. CLL may be buyout like UTS ENERGY.. INSTITUTIONAL INVESTORS 70,000,000 CLL SHARES NOW OR 33% OF CONNACHER'S 211,000,000 OUTSTANDING SHARES.."

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