GREY:CLLZF - Post by User
Post by
canestsalon Aug 15, 2005 7:20pm
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Post# 9413609
UTS and CLL - look at the big picture
UTS and CLL - look at the big pictureCLL and UTS are sitting on a huge lot of oil that will be mined in the next half-decade. CLL has yet to release their earnings, and oil prices are up and above 65 USD a barrel. UTS is sitting on one of the largest oil reserves in NA, with cash funding from PCA. UTS has yet to announce their MP for the Fort Hills project, which according to W. Roach is due out before the fall 2005. CLL's Great Divide is a massive reserve that is just beginning to yield boe.
I am still holding 10K shares of UTS bought at .63 CAD a share and 10K shares of CLL bought at 0.93 CAD a share. It is a game of greed vs. patience. Make a little now, or a lot later.
Bring on the pullback, I'm digging in.
ces