Connacher Oil & Gas Ltd CLLZF

RE: RE: RE: CLL is a waste of time.

[jmlguy]

For the past 10 monthsI have played the oil/gas and service cos in the industry all for s.t. trades beginning with PDS,PKD, Cheasapeake and about a dozen others up to recent trades in GSX,TGC,KAZ and some of the Iraq sand piles like VST.v and WZR but ALL of them are overextended. That's why I went back to 2 I profiled 8 or 9 mos ago and ignored. One has recently tripled  (TriValley)but one still hadn't budged...yes, it was CLLZF here in the states) so I bought it. And yes, in hopes it will play catch up, but MORE SO, due to its balance sheet, which is healthy. The mkts are not out of the woods, as unemployment should cause mkt to take another hard hit before Christmas or immediately after. Omammy has a vested interest to keep mkts up prior to congressional elections but he has lost his charm and it being marked as the 'devil incarnate'......so,I own 2 golds and now a laggard oil,but can sleep soundly knowing that they can weather the storm, with the kicker that CLL has all that great oil sands property starting to pay off. I'll buy more on any selloff.