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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Post by leveraged1on Apr 16, 2014 11:43am
608 Views
Post# 22458454

Trend Line...

Trend Line...CLL has been on a downward trend since April 2010 when it traded at $1.80 that is until fairly recently. The move upward has been gradual so far. My guess is CLL will exceed that $1.80 mark more quickly than it took it to go from there all the way down to to 6 cents - 3  1/4 years. It has been a long wait for this trend line to turn upward LONG TERM. I for one do NOT believe this is a short term upswing in a continuing downward directio. Look at the charts. The new DIRECTION  is up on a sustained basis. Buy CLL with long term in mind and you will be a winner.
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