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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Comment by Oilisgoldon Nov 15, 2008 9:06pm
404 Views
Post# 15589087

RE: RE: Richard A. Gusella

RE: RE: Richard A. Gusella

Better investments out there than CLL for investments with the price of oil dropping.
Even MR G. knows that other companies with lots of production are trading at great prices with no or minimum risks compared to CLL or PDP.
Why woudl he reinvest in CLL until it reflects the economics of the investment. This stock should be in $0.75 to $1.00/share range or less when compared to Other light oil producers with minimum risks.

So why would somone invest in CLL? Just to chance losing more money.

The debt load is high and if Oil drops and stays down....costs have gone up and profits will fail.

Find safer havens for your investment dollarswith higher return potential before further price drops in Oil see this share in the toilet.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities