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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: Today's Action

Today's Action

posted on May 05, 2008 04:30PM

Not only did CLL bounce up nicely by 4.65% but it also had strong volumes day with over 2.1 million shares traded. This is bullish to see a strong uptick with strong volumes. Yes I believe before the AGM we will see the shares break through the $4.40 resistence level and onto higher highs.

Remember the market is suppose to be forward thinking, so once we get some Price data for CLL bitumen the analyst will go to work and hopefully revise their targets upwards.

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