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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: Re: Tax Loss selling
1
Dec 15, 2008 10:05AM

Dec 15, 2008 10:34AM

Dec 15, 2008 06:16PM

Dec 16, 2008 04:31AM

Dec 16, 2008 05:15PM

Dan_1984

Thanks for the approx date,,,I agree on selling and buying something else..Notice how UTS is climbing as CLL is tanking..I know you can;t really compare the 2 as UTS isn't producing. I think CLL will do the same as UTS,bottom around .67 then climb up to the .90's.

CLL is still going to produce 5000 bbs bitumin and all the NG and conventional oil, add in Montana and it's nothing to sneeze at. I'd say considering revenue, and the Oil reserves CLL should be trading in the .95 to 1.15 range under current market conditions.

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