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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
Post by watch4iton Oct 25, 2007 9:15pm
381 Views
Post# 13692667

Cll will be affected more than peers.

Cll will be affected more than peers.Cll has expansion interested POD1 and Pod2 that will cost more. There will be less money to expand with. No garantee of Oil production numbers from Pod1 until Jan/Feb.. More costs as NG went up. NG production down for CLL Q3 will show heavy losses on NG and Refinery..the only real source of income to CLL. Share price will drop and hold until Jan. Oil production results from Pod1. Share dilution required to build POD2 to be announced within weeks of approval. $3.50 /share and hold around that value is my best guess.
Bullboard Posts