The current situation looks good:

- Possible extension of Bush tax cuts, which would keep the economy from collapsing.

- Algar ramping up over the next four months or so.

- Asphalt sales moderately lucrative (although this is a drop in the bucket compared to the bitumen revenues, so this should only be viewed as a "feel-good" event).

But overall, the company still needs time. They need to restructure the debt. They need to get Algar up to full production, and sustain it for four to six months without any hiccups.

I am still very bullish about CLL in the long term, and think it has a great future. However, I will admit that I am currently completely out of the stock, debating what a good re-entry point would be. I was targeting about $1.20, but we didn't dip low enough. However, there is still time for that to happen. In the right conditions, I'd jump back in with a purchase of 100k shares. However, that still pales compared to the value of my portfolio (40k shares) back several years ago when the SP touched $6 very briefly.

But those were different days.