Thanks dondon,
but here is the question: will it survice to see the good days. the debt is huge and scray. If CLL survives, and algar is on steam in late 2010 and if oil stayt where it is now., nd pdp does well then I think 2015, CLL can reach max of 12.00 per share, not 25.
I am tempted to buy more at current prices to reduce my average buying price to like 2.00, that will take, but that will take 20, 000 more, and is risky.
I cannot wait till i break even and move on. at a billion debt, half billion shares and only resources of less than one billion. CLL is speculative.
I was attracted to it cus, its integrated idea: luke, MRC and pdp.: gas, refinery and light oil respectivley. light is is important and that is why before argentia F**d us PDP was flighing from around 8 IPO all the way to 20 in no time.
Those attrations do not exist in cll, now. cll is specilative.
I stand corrected, if you can please convince me why cll is a buy.
thanks