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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 Sparkletoothon Aug 11, 2007 2:27am
158 Views
Post# 13231996

RE: Important Questions are not that important

RE: Important Questions are not that importantThe questions are important and the numbers don't lie. The market cap looks too high for current production and/or places too high a present value on reserves which will cost too much to develop relative to their size. There should be a very significant discount to conventional plays with similar reserves but there isn't, not yet. So I think the assets here remain mispriced to the upside. All of the fizz has not yet bubbled off of the oil sands plays imo fwiw=wypfi...
Bullboard Posts