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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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.