I have been invested in CLL for at least three years. I do believe their time will come as their first production (POD1) from the oilsands shouldl begin in Dec. Through the past several years the management has been doing quite with their timing in getting the POD1 up and running. They have raised enough capital, they got the equipment and man power and now they have the steaming process going and on target. I guess the only minor adjustment was the slight cost over run that is common in Alberta right now. However, everthing is on schedule and they are waiting to hear more news from the application for POD2 that was sent out to EUB.
Does anyone believe CLL is undervalued vs PBG/BQI? I have been following the other two companies for a while( PBG) and have noticed that their share price has headed up quite a lot in the past year (PBG) and BQI (traded in the us exchange)? However, CLL has been hovering around $3.30-4.50 for the past several years. Any thoughts?
I can see CLL trading much higher than the present once the production begins (I assume there are still many investors who are waiting for the initial production to begin) and receiving the approval for POD2.
Well, best of luck to all the CLL shareholders and I hope to see the good times a head.