2C,

Good DD on Harvest.

I use to own this one. Sold it after they bought the refinery which moved the Harvest from fast growing energy explorer and producer to "slow turtle".

Refining is a very low margin business. Just look on Spiderman`s CLL Q3 /Q4 estimates and you can see how irrelevant the MRC cash flow is in comparison to bitumen sales.

On the Harvest sale subject:

Korean National Oil Corporation (KNOC) paid $10 for the $13.34 of Harvest net asset value per share.

CLL NAVPS is about $1.75. Recent dilution had a negative effect on CLL assets and is ignored by those who see the CLL SP exploding to $10.

The equivalent offer for CLL would be $1.25.

It won`t happen. Remember, we have the "poison pill" in place.