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: A welcome change

Oct 13, 2007 11:30AM

Been following CLL for 3 years or so...it is currently my second largest holding...expect big gains in December-ish when they start moving oil...watch for big earnings at the inevitable $100 oil.

As previously mentioned by someone else on this thread, I don't usually recommend stocks to friends, but this one is indeed golden. Support at $3.20 to 3.50, excellent oilsands reserves on prime real estate off Highway 63 to Fort McMurray. This one will go up, which will make it more attractive to mutual funds, and there is always a potential buyout.

I plan on adding to my position soon, as soon as the province releases its royalty review. An expected higher royalty regime should push stock down and produce a good buying opportunity.


Oct 13, 2007 04:43PM

Oct 13, 2007 05:13PM
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