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Re: cliffvb post# 24170

Friday, 09/30/2005 2:15:13 PM

Friday, September 30, 2005 2:15:13 PM

Post# of 173859
cliffvb/CHAR....Anyone please tell me if I'm wrong. But if Lukoil does "takeunder" NLG.to (not a done deal yet in my opinion/better bid?).....won't Lukoil already own a majority of CHAR??

They could announce a "takeunder" for any price they want......am I right? Who could argue...they would control the majority of CHAR shares.

Anyone please correct me on that. I think we may see a better bid for NLG. It's trading for more than the announced "take-under" right now at $2.70 Canadien.

NLG has had some really promising young fields according to some and Lukoil is trying to steal the company here. If they do....they'll probably steal CHAR too.


Rogue


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