Re: prediction for next weeks
in response to
by
posted on
Sep 06, 2011 05:35PM
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
I have no idea what will happen next week or weeks to follow but the next trigger for CLL SP IMO will be the Joint Venture announcement.
First we have to get the Alberta energy board approval for the expansion which should make easier for the prospective partner to open the wallet.
I speculate that the CLL SP will move on the news to $1 to $1.2 price range.
While we are killing the time please watch this nice (short ) video which explains Canada from the American perspective. Hope you like it.
http://www.wimp.com/explainscanada