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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: Re: cll mentioned as possible takeover target on bnn - rebels1 SCOTT

Thanks Scott,

Your analys are intersting and eductional, I learned a lot from your posting. Keep it up.

Well I salivated about getting free PDP shares as cll share holder, before and when u mentioned it I asked DG and he said,it is unlikely cus of task implications, I do not know what he meant.

But curious, if that would happen, how would it work,there are 400m cll shares and 100m pdp shares. Would for every 4 cll one get 1 pdp shar?, but cll only has 26m pdp shares?

you mentioned that if merger is going to happen then there will be 100m more shares?

But I thought that if merger happens, new shares are issued reflecting the new value of the new company and therefore is no dilution to either companies. correct me if am wrong

Believe in

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Aug 28, 2009 09:28AM

Aug 28, 2009 10:46AM
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