GREY:CLLZF - Post by User
Comment by
Wellsitteron Nov 07, 2010 11:01am
566 Views
Post# 17670209
RE: disappointing
RE: disappointingCLL like so many other juniors, trade in the market based on their ability to "show me the money". They have proven that they can execute, getting approvals and building capacity. They have been financially stable with oil hovering at +/- $75 through 2010. If oil averages $85 or higher through 2011, the market will expect them to show that they are capable of making a profit. If oil is $85 - $100 as some predict CLL will trade much high based solely on their ability to show profits. 2011 is a watershed year for CLL. If our management doesn't realize this now, they better figure it out quickly.