Re: PDP numbers for BBQ days
in response to
by
posted on
Jan 30, 2008 06:02AM
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
Spiderman8
I would disagree with you..I've owned CLL for many years and I can assure you PDP has very little effect on CLL SP,, unless it's used to hammer down CLL..When PDP hit $25,,there was no effect on CLL. However when PDP goes down,,CLL goes down a little..
AS far as know PDP isn't taken into consideration for CLL earnings..It's a totaly different company..
CLL holds shares in PDP as part of renumeration for management..THE ONLY way that as far as I can tell PDP would contribute anything towards CLL earnings would be if CLL sold PDP shares. I could be wrong.