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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
Comment by Tradesmanon Apr 25, 2007 1:15pm
248 Views
Post# 12672630

RE: On TRUST & CLL

RE: On TRUST & CLLThank you - phyllis20 - for your rational viewpoint. Finally, we have a non-emotional posting on the CLL board. After reading the news release, I didn't think, personally, that there was anything unusual about a project cost-overrun. If anyone here can show me a project of this dimension which meets exact expectations, then I would be very surprised. I am far more interested in the fact that we are closer to production and I expect that the next financing will bring much higher proceeds to Connacher. Mr. Market decided to interpret this news as negative, however, Mr. Market is not always right! The longer this share-price is (artificially) held down, the faster it will rise and the higher it will go. Shorts-sellers beware! I'm not sure that we can really know the exact reason for the financing withdrawal.
Bullboard Posts