About the only thing Jurek said I'd agree with is that low refining margins killed us in the first quarter,,HOWEVER Considering that nothing pumped out of POD1 prior to Mar 1st counted towards earnings, we did damn well..Since Mar 1st production rates have occasionally exceeded 10k.natural gas companies are requesting a $20% rate increase in Ontario, oil and gas prices are rising as CLL production increases>>
YUMMY,,
The SP run up prior to the 1st QTR results had a lot of hype factored in.. We're probably gonna have a sell off to whatever the market decides is the new floor.. I'm guessing the SP will trade in the $3.90 to $4.20 range until the run up to the 2nd qtr results..HOPE I'M wrong.
LOOK the market and real investors know that this is an expected blip in the road..ALL companies profits are taking a hit with low refining margins. WHAT I THINK THE MARKET is looking at in regards to CLL is this ,, IS the company moving forward or backwards....With increasing production levels it's pretty obvious,,
We're moving forward