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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 coughlcon May 26, 2009 9:46pm
275 Views
Post# 16018440

Interest payments will be punitive!

Interest payments will be punitive!Interest payments will be what? 80 Million a year?  How the heck will they manage those PLUS expansion at these low oil prices.  The dilution is going to be horrible.

Like I had said, the price will drop bit by bit suckering you till you capitulate and by then you will have lost another 50%.  Just reality.  This will feel like being drained by a mosquito...little by little.
Bullboard Posts