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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: Re: New Member'beleive in CLL"
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May 30, 2009 10:43AM
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May 30, 2009 01:51PM
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May 31, 2009 04:43PM
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Jun 01, 2009 05:17AM

"Do you know what would be the market cap for CLL at $8?



Naom, at $8 the market cap of CLL will be about 3Billion. And if Oil stay around what it is now, that is a reasonable suppostion. If CLL's share in PDP is say about 300million, then CLL's debt are almost half with the refinery then some one can pay about 3.2 billion for CLL. So you think this is impossible ?

problem is if oil goes down then we are scrwed, I think the Refinery and PDP were a work of a genuis.

Thanks

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Jun 01, 2009 06:45AM
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