A takeover offer was made on Endocoal today worth about $80M....

A takeover offer was made on Endocoal today worth about $80M. This is surely an indication of things to come for the junior coal companies. With there being obvious interest in the sector I can not see CLR staying at its current market cap of $60M for too long.

If EOC managed an initial takeover offer of $80M, I'd imagine that CLR would attract an amount double that.

Short term re-rating occuring, put your seat belt on guys.

I am the Iceman!