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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
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Message: "An Inconvenient Truth"

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Re: A Positive Outlook for CLL

posted on Oct 23, 09 02:25PM

Cornergas

nice post your numbers are not that far off,with the kind of scenario I forsee ie 50,000/bbl with Oil banging on the door of $200/bbl,below the comparrison I saw was two companys producing 50,000bbl or equivelent,yes one had twice as many shares Connacher but Harvest has twice the debt,before the offer $10 Harvest avg about $7.50 over last 30 days while CLL avg $1,on the negative side present facts speak for themselves,one of the reasons I sold Harvest($12.10) was a reduction in production 50% and a further cut in distribution,as before just puting food for thought out there,investing is all about the end result in Connachers case that's in the longterm,so far its a good one IMVHO.

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