GREY:CLLZF - Post by User
Post by
syl3993on Apr 12, 2006 9:09pm
935 Views
Post# 10661007
Full prediction for CLL
Full prediction for CLL After careful DD, a couple of emails to CLL and EUB"s Byron and a couple of questions answered here on this board, I am ready to make a prediction.
Tomorrow we will start to see weakness from the shorties. We will close between $4.80 and $4.90.
The fireworks will begin next week strarting on Monday where we will close between $5.10 and $5.25 in anticipation to the EUB approval on Tues. apr.18th at approx. 2pm. We will close on tues. between $6.25 and $6.50.
Connacher will drift a little after that till May 11th where CLL will release a news statement updating it's assets following the aquisition of both Luke and the refinery. CLL will close on May 11th between $6.75 and $7.25.
Connacher will drift a little after this till June 10th where it have a news release with it's drill reports for both CLL and LKE. The results will be just as amazing as last August sending the share price into the $8.00 range.
The rest of the year will be filled with rumours of a takeover from one of the larger oil sands companies in the region. This will bring Cll to a new high of $10 by Dec 11th 2006. If this does happen, and I hope it doesn't, Cll will fetch between $12 and $14 per share.
If there is no takeover, CLL will move into full production of 10,000 bpd by Mar of 2007. They will end 2007 with 20,000 bpd from the great divide project plus sask. production, PDP and whatever Luke brought to the party.
And that is "Big oil for a small company".to quote Mr Gusella himself.
Good luck to all longs who are still hanging in there. We certainly deserve it. Good night all we'll pick this up in the morning