GREY:CLLZF - Post by User
Comment by
northern-ehon Jul 03, 2006 5:57pm
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Post# 11059098
RE: EOIM "CLL will defintely do better than CWPC"
RE: EOIM "CLL will defintely do better than CWPC"I also own CWPC and CLL (and UTS) - less CWPC than before and more CLL and UTS.
CWPC remains largely an unknown quantity. Even if the results from their first 24 holes are as good as the pumpers' wildest speculations, that likely will not equal a commercially viable deposit. Much more drilling is needed to know what is on the Saskatchewan side of the border and on OSQ land. In addition, it seems that CWPC has been the victim of the "pump and dump" schemes time and time again. I do like the company and am hoping for the best; but some caution is advised.
CLL and UTS do seem safer in the short and long term. CLL may not be a huge operation, but it is generating revenue and seems to have a solid and realistic business plan. UTS may become a takeover target - maybe one of its large partners will eat it for breakfast and give a burp to the share price.