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

Free
Message: You Have Got To Be Kidding Me!!

At least we'll be able to see indications of what is about to happen from volumes and SP direction in that first week of July.

I was lucky for a change - I moved a lot of money out of CLL at $1.70 earlier this spring, into a Canadian mining stock. More lucky that they are in the midst of a hostile takeover bid. And the best thing is that things should be mostly wrapped up around July 8th with that situation, due to a major shareholder vote on that date.

The question on July 9th will be whether to move some of the profits back into CLL, or to stay mostly in cash. I looked at Petrolifera again briefly, but decided to stay away despite the extremely low SP there. It just doesn't look like a lot will happen with PDP for many months.

Share
New Message
Please login to post a reply