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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Comment by oilinvstron Jun 25, 2010 5:44pm
548 Views
Post# 17223421

RE: RE: RE: RE: Buyer Beware

RE: RE: RE: RE: Buyer BewareCash flow is technically profits minus non-cash items, but in reality is the amount of money a company generates that they can spend on growth. Even with the additional cash they'll get from Algar, I don't think they'll be able to pay off their debt, and grow the company to the announced 50,000 bpd. A classic value trap.
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Dealroom for high-potential pre-IPO opportunities