Re: A Question for CLL Investors!
in response to
by
posted on
Sep 14, 2009 11:46AM
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
Yes!!as far as I'm concerned management has been forthright in their NRs ,yes they have made a few mistakes not all was their doing,Connacher is still on track for 50000/bbl or more,once Oil price escallates to $150/bbl CLL's price will fetch $10+(IMHO),the debt is manageable and again will be more than taken care of with a higher bbl price,my emphasis is on bbl price given my beleif in Peak Oil ...