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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 rehsifylfon Dec 02, 2010 8:45am
349 Views
Post# 17788274

RE: RE: The more I read...

RE: RE: The more I read..."rehsifylf, incidentally, would you care to name an actual oil and gas producer that has sold in say, the last 50 years, for a price equivalent to NPV of 10% of their potential pre-tax revenue based on 2P reserves?"

No I have not Wellsitter.  I've not seen anyone misunderstand the discount rate for an NPV calculation as badly in the past 50 years either.  The 10% represents the expected rate of return on an investment.

You and I both believe CLL is undervalued right now - so we agree on that.  
Bullboard Posts