Connacher Oil & Gas Ltd CLLZF

RE: the math of CLL

[cartach13]

 If what you say is true, and you might be, then we should be in an excellent position to purchase equipment for Pods 3 and 4. Your scenario presumes the future can be accurately forecast and as the  current state of affairs indicates, just about everybody out there was caught with their pants down. If somehow CLL's crystal ball had told it to do what you propose [in hindsight I might add], then it would be about a year behind at this point in time. CLL is following a carefully planned out path and changes in costs along the way,while they can't be foretold, might well happen. Fortunately CLL has a long way to go and each increment of development will have different challenges, particularly regarding euipment costs and labor availability. Your argument only holds some water if CLL will reach the end of it's planned development with completion of Algar,then maybe  the argument could be made that it should have held off for a while. But then again a real accurate [and impossible] negative forecast would have had to be made during a relatively positive forward looking period . But hey,go back to the drawing board and try to come up with another reason for bashing CLL.  I appreciate it every time one of you guys do because after a review of same, the wisdom of owning CLL for the long term is always reaffirmed.