Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 BullCoinon Jan 23, 2008 12:55am
224 Views
Post# 14246491

Oil may even fall but OIL stocks is the VOTE

Oil may even fall but OIL stocks is the VOTEand the VOTE=control oil stocks will be prized at some point here. price of the stock is not important. What is important is the VOTE. get enough votes and you control the oil underground. "The Fed" may very well knock the price of oil down artificially in an attempt to takover more oil stocks themselves, with bashers saying you should sell if oil drops below $90 Remember this: That even if oil drops below $90 that with cheaper oil comes increased consumption and sooner or later you are back at expensive oil again In other words, when following the shell game with the 3 shells and the pea. Keep your eye on the oil stocks, not the money or the oil price. For even though all 3 can be manipulated to a degree, the stock contains the VOTE and the oil asset underground. With oil outstripping supply, its oil thats controls the price of money and oil will be priced in ever increasing dollar denominations as time goes on. Take a look for yourself what oil has been starting to do recently... https://www.economagic.com/em-cgi/data.(exe)/var/west-texas-crude-long get rid of the brakets around the (exe) Isnt it also kind of interesting, the link between interest and oil. Connacher also has a loan at what some today feel is a high interest rate. With the markets crashing, the need to secure a supply of dollars to build POD#2 was there and the USA knows that. I guess the good news is that as the USA prints more money it should get easier to pay that loan off. IF Connacher can spend that money before things cost more. Connacher should not be delaying but making sure it can build on budget ASAP. That or paying off the loan
Bullboard Posts