More from Credit Suisse:

Risk/reward balance of owning shares has improved substantially in 2010, with cash resources set to cover budgeted capex. We believe Connacher will
need to demonstrate reliable operating performance at Pod One and timely execution of the ramp up of Algar in order to support current valuation.

(they are repeating things which we know for some time).

Just checked CLL trading activity on TSX. Credit Suisse was very active in the morning buying heavily between $1.75 and $1.80 moving the SP higher. They sold some shares later afternoon when the excitement run out of the steam.

Not many big blocks traded today. Just 4 blocs about 200k each.