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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 canestsalon Aug 23, 2005 10:35am
280 Views
Post# 9447846

Doubtful of breakout

Doubtful of breakoutI'm not a pump'er and dump'er, but IMHO, I am doubtful that CLL will breakout like we saw in the last two runs. This second spike in the last 2 weeks is meeting heavy resistance from nervous sellers who rode the last price spike to the bottom. I anticipate a steady climb right through hurricane season, unless news breaks it. Have been holding 10K shares since 0.93 + 10K @ 1.87, exit strategy in Q1 or Q2 of 2008-9 when great divide starts producing. -ces
Bullboard Posts