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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 frenchie5on Jun 28, 2009 10:48pm
409 Views
Post# 16104804

Rgrocks

RgrocksSorry, for taking so much time to answer your question Rgrocks, I was too busy buying shares of Opti Canada last week ! Now you want to know why i think that,CLL will be a double in one year and maybe worth $5.00 bucks in three years . Very simple, we`re talking about a producer of 10,000 barrels a day of oil in the tarsands,plus an additional 10,000 bbl/d when Algar comes on line in one year, also 1200 bbl/d of conventional oil, and don`t forget a NG producer , at this moment their NG production is enough to supply the entire Great divide operation and 1/3 of Algar needs in the future, on top of that they even own a refinery, and let`s not forget their 24% interest in Petrolifera petroleum Limited,this is a very well diversified company, with 460,000,000 dollars in the bank, they appear very well funded to me. Now look at the price of oil today ,70.00 dollars per barrels and still climbing in a recession, can you believe that! Now what do you think is going to happen to oil prices in 2010 when the world economy fully recovers , I am sure that you are aware that most of the major oilfields in the world are declining if not dying at this moment : EXP : Ghawar in Saudi Arabia and Cantarell in Mexico :https://eldib.wordpress.com/2007/10/09/saudi-arabia-ghawar-oil-field-running-dry/ also:https://seekingalpha.com/article/25557-mexican-cantarell-oil-field-in-decline-prelude-to-a-larger-crash.Now do you have any idea how much cash will CLL make when oil prices are back at $150 per barrel ? We are going to get rich beyond belief ! Now you can just sit back and relax because you`re sitting on a gold mine . Any more questions RgRocks.
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