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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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Post by Goldfingerron Aug 03, 2010 11:13pm
854 Views
Post# 17319248

CLL, the rise in crude prices and Iran

CLL, the rise in crude prices and IranThe main driver of the rise in the price of crude up to this point has been the increased demand due to general improvement in the world's economies. 
Now I think that impending war of US, Geogia and Israel vs Iran, Lebanon, Syria and Russia or China is begining to also drive the price of crude.  
Conacher has been a slow mover probably due to the stigma attached to oil sands. The good thing is it has been trending up. Patience is key here. Except for that little provacation on the Lebanese border, they haven't even begun the shooting yet. It is just a matter of time. My guess would be after the Iraq troop withdrawals.
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