Welcome to the Connacher Oil and Gas Hub on AGORACOM

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: Re: Outlook question.
2
Mar 21, 2009 02:50AM
2
Mar 21, 2009 07:16AM

As I've said before, CLL is a company with fundamental assets. Their leases are full of recoverable oil, that is an asset. They own a refinery which produces among other things, ashpalt, they have producing natural gas wells. CLL is a HOLD...how much lower can it really go? How much more money can we really lose? Their is so much more upside potential...



Do you want to be the guy that sells at .70, then see this thing go back to 2.00 when WTI hits 60? There is lots of cash on the sidelines right now....waiting....

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