Sharky

The market is in a downturn and CLL is reacting accordingly. In fact like you I suspect this is the beginning of the double dip.Regarding CLL, unreliable power in Northern Alberta, I can see that, I live in the GTA of Toronto and we get power flickers all the time. I'm not an engineer but when my power goes off even for a second or two I have to reset all my electronic stuff, who know what it does to a complex plant like CLL. Revenue beat expectations so I'd have to assume many other factors were at play here such as exchange rates etc. yes production is disappointing but SAGD is still relatively new technology and if I'm not mistaken they did their turn around early. Anyways it's not as if the oil is going anywhere..Another thing the debt was reduced by about 7.5%..Again long term investment..My only concern is that if a double dip occurs and oil tanks again without the huge cash on hand they had last time they're toast.

Brian

Do you ever tire of bashing management?

Market in general is tanking, oil dropped about $6 in 3 days, U.S and Chinese economies are tanking. U.S new jobless claims almost 500k for the week. U.S dollar rising due to panic. 80% of current trading is done by high frequency traders. Possible double dip recession.. YET ACCORDING TO YOU DG AND POOR MANAGEMENT IS THE CAUSE OF ALL OF CLL WOES. Dude get real will you, or change your tune the record is skipping to much.