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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 i2on Feb 15, 2006 8:52am
366 Views
Post# 10365742

DWOG--Pure Energy recommendation

DWOG--Pure Energy recommendationa tiny $2.50 oil company sitting on an oil sands property in Alberta, Canada. Just 6 days ago, the stock was trading for $1.66. So it's beginning to move. Similar to UTS Energy, this tiny company has a 40% interest in a property that contains 820 million to 1.2 billion barrels of oil. So worse case scenario, the company has access to 328 million barrels of oil worth $20.6 billion at today's price of $63 per barrel. Now, unlike UTS, which currently trades at a market cap of more than $2 billion, this tiny $2.50 oil sands stock trades at a market cap of just $70 million! It's "undiscovered" for the most part. But that's changing. Once the market realizes this company is an oil sands player, it's going to rally hard and fast. And we think it's going to happen real soon because the Canadian oil sands have become the most-prized oil patch in the world. Any company with any sizeable reserves in the sands is worth its weight in gold.
Bullboard Posts