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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by myNEXTmillionon Dec 11, 2011 2:41pm
839 Views
Post# 19311301

RE: target price (imho) will be $1.66 x.30 premium

RE: target price (imho) will be $1.66 x.30 premium
I agree with your projection.  The only reason CLL was trading so low was because it was taken off the various TSX indicies in September.  That caused a massive sell off.  Not much has changed since then, except CLL has improved as a company and in value.  Now that they have to cash to pay the debenture, that debt can be eliminated from the picture. 
Bullboard Posts