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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Comment by november01on Feb 22, 2012 1:14am
468 Views
Post# 19565018

RE: RE: Those MM's are working

RE: RE: Those MM's are working

It's hard to believe oil was up almost 2.00 today (105.00 per barrel) and this stock was down 6 cents. It makes no sense at all. The news was not that bad. There is no way this stock sells for 1.65 per share. That would be "highway robbery" if it were to happen. We were at 1.60 less than a year ago. If oil stays at its current price CLL would be crazy to sell the company. They should just sit back, bring in the cash, drill for more reserves, pay off a lot of the debt and than sell.

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