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Gold/Mining/Energy : THE OIL SANDS

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From: james flannigan5/12/2010 9:56:36 AM
2 Recommendations   of 257
 
CLL letter to shareholders: RG "Recently, we have been approached by a number of parties interested in securing participation". This is a clear message from CLL that more than one company is interested in CLL and more than one bid could be at hand.We maybe only days away from a material change.ONGC is only a few days away from getting special status from the Gov't of India to mandate an oil sand take over.It can't be any more clear CLL is in play.RG has in my view alerted his shareholders a deal may be near.

A bidding war might emerge.

James
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