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

Bullboard Posts

Comment by dondonon Jan 11, 2006 9:36am

223 Views

Post# 10153450

RE: Due Dillegence

all the DD needed is on Co. site,what will propel CLL and other Oil plays is the FACT of PEAK Oil ie the lack of Oil,conventional Oil being a DEPLETING Resource, price of BBL will escallate and yes $100/bbl is likely will there be dips of course,but the direction of bbl is upwards and ever upwards,the higher the price the more viable the Tar Sands and by association that means an escallating price for CLL,make no mistake PEAK Oil is here and its calculations were mede in a time when China and India were not in the equation at least not in the numbers that they are today China will usurp the USA as world's top consumer ,so that means DEPLETION of conventional OIL that much sooner,IMHO CLL is not a speculative stock but then again its value cannot be determined using todays or the past's numbers Mac