Rebels.

from your post:

...Funny when RJ did a swap to create 2 million volume a week or so ago, I posted saying it was a trick to fake interest ( which it was ) Jurek said it looked like the beginning of an upswing ( and it was). I now think it was a short cover as a few days later the production stats came out. I'm wondering if RJ got a little insider info on the numbers.

RJ buying interest was not a fake interest or short covering. At that time the CLL short interest was 1.09 million shares. One of the lowest ever. RJ buying volume was several times bigger then CLL short position. IMO they were buying on the general type of inside info about incoming update news on good production levels.

Unfortunately the news was not that good. If you subtract the oil and gas from sold properties you will get very stagnant production levels, no different from the Q4/2010.

Unexpected market correction made the CLL upswing short live. Cll high Beta SP went down hard more then energy small cap index. My stops were trigger on Friday April 8.

If the market will still be on the correction mode and readjust recent bubble in the commodity prices, run as you correctly stated by freshly printer $US, you may get your wish grounded and buy CLL share at $1.3.

Obviously nobody knows this for sure as we are all in the big casino run by Brian's friends from across the border.

Best regards from Yuma,AZ (today was 36C/97F). One more week to go before my swelling from the jaw bone grafting operation will get down to the point that I can enjoy the weather.

PS: Scott , nice assessment of the economics of the CLL oil production. No profit there for years to come. This is why they never mention problems with Bitumen prices in the update news.