GREY:CLLZF - Post by User
Post by
watch4iton Jan 16, 2008 9:10am
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Post# 14210323
CLL Profits rising daily...
CLL Profits rising daily...More Bitumen means more profits...
Wells are being tested weekly and brought on line.
As Bitumen increases so does the inevitable profits.
CLL should be reflecting this in share price. We must be at about 14 x e/s and dropping.
The profits keep increasing and share price stays low.
Pretty low compared to the industry standards?
Now let's talk proving up reserves. All those test holes being drilled will prove double the reserves just the same as last winters program. This is not reflected in share price YET.
How many PODS will be identified for production? 6 more will be incrreased to how many?
This means with POD1 success PODS can be developed quickly and effectively.
POD2 application will soon be approved. Gov't is just waiting to see POD1 full production. Sparks more interest in the Oilsands projects that way.
Watch for the stock to jump on election news as the POD approval will be tied to that.
Stock will jump in proce.