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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
Post by CapeBretonon Jan 09, 2012 1:31pm
599 Views
Post# 19382714

close at .93

close at .93

I can see the stock holding at .93, another day of good gains.  Will be interesting to see how it holds on a down day.

 

For those new to the stock, be clear, while there were talks of a takeover, and while it is still a prime candidate, mgmt seems to indicate this is not the direction of the company....but just based on bitumen and crude oil rpices this stock could reach 1.50 in 2012, that is why I am still buying, a buyout or even just an offer would be a bonus, but I`ll take a 60% gain on a stock which provides large volume days.

Bullboard Posts