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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
Comment by trader520on Oct 22, 2010 6:08pm
398 Views
Post# 17601309

RE: RE: RE: RE: cll worth selling for a loss?

RE: RE: RE: RE: cll worth selling for a loss?Sorry with your luck with CLL. I am in more recently, so I will be in for a while yet.

Will it reach $3.00 anytime soon, even if the next quarter results are good???? Don't think so, way too many shares out there. I got sell orders for $1.49 and up in ten cent increments, just in case it goes on a run and I am away from the screen. That should tell you my expectations for the near future. Then I will buy it back later.

As for sitting on your shares for a few years, when everything is up and running, and oil is well north of $100/bbl, yes, then you could see $5 or easily more. Are you willing to wait??? Not me, there are others out there. Just waiting for T.WTN and the likes to drop down, made plenty of profit on coal already, there will be more. If CLL produces a good profit when the coal stuff has gone down, great, otherwise, I will take a few pennies either way to get back into coal.

T.OPC I also had, made great money there, but dead now. If CLL ever starts getting into selling off parcels of proerty like OPC, I will run really fast.

Cheers and GLTA
Bullboard Posts