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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 8:59pm
506 Views
Post# 19384419

RE: RE: chunky buying

RE: RE: chunky buying

good discussion oldswan, I agree there is a lot of manipulation with CLL.  But I disagree with 2 of your points, CLL is not following other stocks or sectors, there has been an accumulation and it is showing strength, and while peace with Iran would take some stress of the price of oil, oil has been rising before these recent headlines.

What could hurt CLL is not delivering on Q4 results, you cant promise and not deliver.  As well they need to get the finances tight,they brag about an undrawn credit line, they need to keep it that way until June.

 

Bullboard Posts