Hi Wetcoaster;

Eric Nuttal bought 10 million shares at .80 cents a share and he bought another 3 million shares at around .35 cents a share for a total of 13 million shares. He generally buys shares and lets them rise 20-30% and he sells them to take a profit. He stated on November 30th that .80 - .85 cents is a reasonable point to sell the shares at in the present run up which begs the question, is this the point where he will dump the 13 million shares that he acquired at Sprott. He also stated that he is not holding his CLL shares for ever so it sounds like he is getting ready to dump 13 million shares when the price hits the .80 cent range. This is what he is saying publicly. On the other hand he believes that Connacher will be sold in the next couple of months and the value will be above $1.25 a share (way above but he wouldn't say how high as he didn't want to be accused of being excessive). It will be interesting to see what he does. If he sells and takes a small profit at .80 something cents and a month later CLL is sold for a large sum, poor Mr. Nuttal will lose a certain amount of his credibility.

Cheers; Scott