Eric Nuttall of Sprott Asset Management was on BNN tonight on Market Call Tonight and he stated that he purchased 10 million Connacher shares last week and another 1 million shares today or yesterday for the fund that he manages. He stated that in his opinion that Connacher's search for a joint venture partner may morph into management selling Connacher's bitumen assests......This is interesting as I think it was the last analysis by Scotia Bank of Connacher which came to the same conclusion. Any, Eric Nuttall see's the shares going to $1.50 so based on todays price of .80 cents a share this is almost 100% upside.
Cheers; Scott