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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 CapeBretonon Jan 09, 2012 12:36pm
526 Views
Post# 19382406

RE: RE: If she closes above .94

RE: RE: If she closes above .94

I agree, looking at graphs this stock can get to 1.20-1.30 in short-time, Q4 results could give some support, but not higher than 1.30, the only thing that gets us higher than 1.30 would be more takeover talk, or an actual offer.  Every new high will be supported until Feb, then we see what the JV situation is....

ironically one risk to the sp is a release of the offer price for the unsolicted is leaked and it is extremely low

 

but Iran is keeping oil above $100 so North American oil is looking good....

Bullboard Posts