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

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Message: Eric Nuttall from Sprott Asset Management on Connacher Oil & Gas

Yes CLL remains a stock with lots of questions on how it will behave in coming months.I understand people will sell the stock when they have a small amount of earnings because they don't trust the further devellopment for next years to come.

Howver there could be a chance after struggling for a couple of years now we could be on the move for a better performance and sight on higher sp's .All of that will depend HOW management will deal with the further expansion?That's so far not cleared out .So until that is not fixed for those who are trading this stock it's important to run ahead of the circumstances.Of course that's not easy .Unpredictable accidents with production etc.. is for everyone not detectable but if bitumen price can resume a bit after the troubles there are fixed and there is no big thread in the world CLL can probably go up and down in a certain pattern with slowly higher top building.But if another dillution is on the way then trend will be passed again until financing is done .

So question is ,is this stock worse the risk to follow and getting in and out instead of selling and leaving it for ever.

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