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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 watch4iton Jan 08, 2008 12:42am
280 Views
Post# 14165592

RE: CLL is working hard for someone else

RE: CLL is working hard for someone elseI would like to say that CLL is one of the worst Managed companies in the Oil Industry. Typical arrogant Oilfield mentality finding oil production. Finding Oil and managing all aspects of a company take special skills that this management team does not have. With that said they are doing fine with their limited skills. However, anyone else running these assets would have three times the share price. All of us idiots that own shares in CLL are just like the management. Only good thing is Bitumen is flowing and increasing every day.

What are the production numbers now on POD1? Somewhere about 3000 Barrels per day and increasing.
Should be another 3-6 weeks for the magic 7500 Barrels that POD1 will produce daily.
Share price will be going up proportionately.

Next week it will break the $4.00 mark as Bitumen is being sold in volumes that are respectable. Within 3-4 weeks it will be trading at the $4.50 mark. This is where it will stay until just before the first quarter results then it will test new highs. These new highs should be reached right now but Day traders keep manipulating the stock down instead of running it up to the $6.00 that it should be trading at.

This stock is about to run up in a few days tot eh respectable levels it deserve. Don't miss out on the daytraders running the stock up to the new highs.
Bullboard Posts