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Connacher Oil and Gas Limited Common Shares T.CLL

Sector: Energy | Sub-Sector: Oil & Gas Integrated
Primary Symbol: 

Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen.
Price: N/A | Change: N/A | %Change: N/A
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: N/A/N/A
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0 stars

RE:RE:RE:RE:RE:Foreign Exchange Rules

like i was saying a few months back the board of directors are insured for negligence. 200 million over 450 million shares is like $.5 for each old share.  rate and reply
0 stars

RE:RE:RE:RE:RE:Foreign Exchange Rules

the 200 million $ loss on foreign currency is just complete neglgence on the part of the board of directors. g1945v, this is what i was saying is class action lawsuit material.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:Foreign Exchange Rules

its not a money loss to the creditors but to common shareholders. the money was transferred to creditors ie debt increased  rate and reply
0 stars

RE:RE:RE:RE:RE:Foreign Exchange Rules

g, they wiped out 200$ million plus by not hedging. its a real money loss when they restructured.  rate and reply
0 stars

RE:RE:RE:RE:RE:Foreign Exchange Rules

g1945v, what is the big deal about you asking them? u get a loss if u issue debt at 1$usd and pay it back at 1.18 or 1.2 when this restructuring deal was struck. so .2 on a billion is at least 200...read more
0 stars

Another Canadian success story

Who will get all the assets.The same guys that killed the company.Double dipping vultures. Oh I wonder what are fearless regulators are doing about this scam.Um as usual nothing. Wdr2  rate and reply
0 stars

RE:RE:RE:RE:Foreign Exchange Rules

rocky...with respect, please email your question to the following address. Lets see how they respond to you and please share it on the BB. The way I see this it, its just a paper loss or gain...read more
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RE:RE:RE:Foreign Exchange Rules

g okay but ur putting alot of faith in people that have zero knowledge of finance.  rate and reply
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RE:RE:RE:Foreign Exchange Rules

g u didn't understand what i have been saying. the corp hired its finance person but obviously wasn't qualified to deal with futures contracts. they had bank of montreal as advisors. why didnt bank of...read more
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RE:RE:Foreign Exchange Rules

I suppose the restructuring will much improved the balance sheet and the fundamentals of CLC going forward. . So lets wait to see the next quarter (Q2) to see what shape this takes. Beyond that , we...read more
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RE:RE:RE:Foreign Exchange Rules

its called a foreign currency futures contract. that's how its done. there would have been no 300 million foreign currency loss by doing this  rate and reply
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RE:RE:RE:Foreign Exchange Rules

u hedge a debt in a foreign currency by buying in futures mkt a billion dollar usd contract when cdn currency sinks against usd. that would have cost 2 percent of a billion and eliminated the...read more
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RE:RE:Foreign Exchange Rules

rocky , IMO..cll's debt was collateralized by CLL's equity...good revenue producing infrastructure. That is what saved this company from bankruptcy. How else can one hedge the debt?  rate and reply
0 stars

RE:Foreign Exchange Rules

g i never had a question about this. i stated that they breached their fiduciary responsibility by not hedging. u should have asked them why they didn't hedge the debt?????  rate and reply
5 stars

RE:Foreign Exchange Rules

G...Thanks for sharing. Where do you see this going? Forget the potential new notes debt conversion for minute, I re-read the recent Q1 financial statements. It seems excluding depletion, depreciation...read more
0 stars

Foreign Exchange Rules

rocky: This should answer your question. This is what I asked from manement.  _________________________________________________________________________ Hello..would you please explain is some detail...read more
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RE:anyone?

I don't see this moving up until there's more shares in play... Or a nice better financial appears to show up 2nd quarter  rate and reply
0 stars

RE:anyone?

Yes you are dreaming :)  rate and reply
1 star

RE:anyone?

Mkt value 2,000 My cost 9800 I would hold this as long as company exist. Dreaming of miracle  rate and reply
0 stars

anyone?

Does anyone see this stock going back up to or over 20$/share any time soon ? or am i dreaming here  rate and reply