GREY:CLLZF - Post by User
Post by
i2on Nov 27, 2005 12:32am
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Post# 9920440
analysts recommendation
analysts recommendationEven without the PDP find..here is what an oil anlayst says about CLL....he calls for $4 stock (without PDP discovery)
https://www.jenningscapital.com/pdfs/CLL09192005InTheWorldsHottestOilPlay.pdf
In conclusion, Connacher is debt free, with over $70 million in cash (over $0.50 per share), and has
unused available credit, focused on its highly prospective Great Divide oil sands project in Canada.
The Company also has an inventory of conventional drillable prospects in Saskatchewan. In
addition, Connacher successfully created Petrolifera, a financially independent company, to hold
high potential properties in Argentina and Peru.
We recommend Connacher as our favourite investment vehicle to participate in the Hottest
Oil Play – the Canadian Oil Sands!