You are right about this stock....anytime is a good buying opp, but before I dump some other equity to buy Connacher, I want to see this royalty review...interesting volumes today, maybe some insider trading....I always get suspicious when i see high volumes and no news....look for profit taking on this stock friday, then low volumes on all energy stocks next week until the royalty review......
30 bucks in a few years...? I'd say absolutely...look at Petrobank (PBG-TSX), what do these guys have that CLL doesnt have besides unproven THAI technology? I bought and sold these guys several times between 15-18 bucks a share, and now look at them..
CLL is a hold stock, buy as much of this as you can, stick it in your registered accounts, and forget about it....!
Another good buy right now is Suncor (SU-TSX), I'd say anything in the 90's now would be a good buy, look for a split once stock gains support over $100