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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Message: Size does count

Agree with Jurek, While we all on here would love to hear CLL going to $20 a share tomorrow, that is not realistic. Jurek's estimates have been pretty close each qtr. If they were way off (and to the downside), then it would be a fair statement to say he is negative and bashing. The real value of CLL will be once they get more production in place to cover thier fixed cost, service debt and have some free cash flow for further growth. What the break even point is I am not sure, someone smarter than I can figure that out. I am long CLL, just think we will not see a lot of movement until production is up to speed.

Rex

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