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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
Post by Oilisgoldon Dec 20, 2008 1:13am
532 Views
Post# 15659150

$30,00 OR LESS /bo COMING SOON

$30,00 OR LESS /bo COMING SOONCLL $0.25 -$0.40/share due to $600M debts.
Limited cashflow.
Low bitumen price.
Borrowed money paying for debts from lack of profits.
PDP will be sold off for operating capital.
Refinery could be sold for cash to pay off debts...
No worry...no takeover bids will ever come for this mismanaged company.
Sell shares now and buy back cheaper or find better investments.

 
Bullboard Posts