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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 moricon Feb 23, 2011 12:27pm
465 Views
Post# 18180663

RE: Please explain

RE: Please explainHey Leveraged,
          
         The reason you won't see CLL move with oil is because of investor sentiment. CLL currently has to prove that it worth every cent of sp. Basically to boil it all down, there arn't many investor out there today that are willing to price in the higher oil price today for CLL, they will wait until earnings have moved and then CLL sp will respond.


Hope that helps.
Bullboard Posts