GREY:CLLZF - Post by User
Post by
watch4iton Sep 22, 2007 10:55am
497 Views
Post# 13448228
CLL highlites..target price $30.00 p/s
CLL highlites..target price $30.00 p/sIn a few years...$30.00 or sooner.
Why?
Simple: Major assets in ALL sectors of the Oil and Gas Industry.
Not just an Oilsands Company...Diversified.
Cll highlights:
Refinery..great profit/expandable asset
Conventional Oil 1100Bo/d
Natural gas 1100 BOE/d
POD 1 - 10,000 BO/D max. output (15 SAGD well pairs)
37 SAGD well pairs expandable for POD1 site.
POD 2 Application under way another 10,000 BO/d.
10 Wells to tie in at freeze up..expect 2500-3000 BOE/d
Winter Drilling Program planned for conventioanl OIL/GAS
PDP (26% controlling interest) increased output?reserves- 10,000 BO/d
PDP expanding production..new drilling program.
Royalty concessions to expand in oilsands projects
Natural gas royalty concessions in place
Low Royalty payment compared to other areas of the world.
Lots of room for expansion right out of cashflow.
Low relative debt.
Proven technology
lots of proven reserves.
Lots of probable reserves.
Oilsands projects relatively LOW operating costs...higher profits
Availability of Drilling Rigs at lower costs.
Great timing in respect to world Oil prices ( supply/demand )
LOW SHARE PRICE COMPARED TO ASSET VALUES...
Low price compared to similar industry companies.
Strong long term outlook...could reach $30.00 within a couple of years or less.
ground floor investment opportunity.
Need I say more....
ONLY FOOLS WOULDN'T BUY THIS STOCK AT ANY PRICE UNDER $10.00
So who would sell for less?