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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: Support

Jurek

Hopefully CLL will come with some positive news to stop the bleeding.

Hope so as well but the lack to move higher is out the markets I guess.I did some searching on different indexes and The Dow and S&P 500 are doing well and are only a 10 % away from their all time high .Only germans DAX index is following while many other European indexes are much lower like the Dutch AEX ,French CAC etc..Silver got a hit ,oil is down .It could be we are in for a break and it would surprise me if CLL will go up even if there is good news.

Past 2 days there was some volume but sp remains flat and is heavy oversold.If you look to the candle chart CLL is now back at Feb 10 low.Since April 2010 we never reached 1.88 though there is better production ,oil higher etc..So what is the relevanche of these moves up and down?

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