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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
Post by bnwon Feb 19, 2013 4:00pm
363 Views
Post# 21012097

Am I Nuts?

Am I Nuts?

Bought 33,400 shares this morning.  Now have an average cost of $ .32.  Hoping similar moves I made on AC.B at $ .86 and TCM at $ 2.84 will be repeated here.  My read is the SP has bottomed.  If I'm wrong, it's out of business.  Unlike most posters, I believe management is showing signs of effectiveness (at last!).  The management ranks have solidified recently and some tough pro-active decisions have been made (sale of assets, focus on bitamen, train transport).  I look for for out of favour stocks where management dares to make significant changes to the business model rather than just hoping things get better.  GLTA

Bullboard Posts