Connacher Oil & Gas Ltd CLLZF

latest NR

[yitearp]

So what's the point of the latest NR (increased prod with solvent use)?  Economically the company can't implement process due to facility modification costs and the process isn't trade-marked (so they can't protect technology or get paid if someone else wanted to use it).  The only value NR has is broadcasting to potential partners with deep pockets that prod can be increased, if more capital is expended in modifying facility.  How did market react, big YAWN.  Another useless NR from the pathetic management team of CLL.  But hey, there is good news, they are trade-marking the term SAGD+, who freakin' cares!