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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 3:14am
473 Views
Post# 13232045

RE: CLL numbers don''t look so hot to me

RE: CLL numbers don''t look so hot to meJust explaining why I personally wouldn't buy in here. If I held it and believed the story and thought it really was "important to have some of your long-term holdings in the oil sands" like the talking heads on BNN used to say more often than they say it now, then I wouldn't sell. Like I said, good luck. I'm waiting for even better deals on some of the NG plays, like GZ, RER, AXL, TUI.UN etc etc My personal bent is more speculative than this type of semi-industrial concern here...I have some TEX.A, SOR, GUL, IFR, PSH which by comparison to CLL is a rather pathetic collection, I admit; however, if I was going to buy some CLL, I would want the numbers to make sense as an "investment" not as a "speculation"; and they don't plus there's no speculative upside (price of oil) that wouldn't have more leverage elsewhere in the oil sector.
Bullboard Posts