GREY:CLLZF - Post by User
Post by
watch4iton Oct 25, 2007 6:29pm
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Post# 13691508
Q3 down for cll. Royalty up..costs up.shares
Q3 down for cll. Royalty up..costs up.sharesShares are worth less right now.
With increased operating costs the Q3 will be down a lot.
Higher NG prices put costs up for steam.
PDP down in value.
Refinery costs up..smaller profit margins.
Shipping Diluent to POD1 costs revenue and money
NO GUARANTEE OF PRODUCTION FROM POD1. Steam could blow out the ground. Or shale could affect Oil flow. or reserves could be proved wrong. water could flow thorugh pipe. Lots to speculate there.
Then we know the Royalty rates are going to cost bottom line.
I see a major sell off of CLL.
Still strong on CLl but might be better to invest in South America.
I'm buying PDP and sell some CLL.
Buy back later in year.