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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: Re: Yuma and CLL hot SP

Oct 16, 2011 11:47PM

Jurek, love your posts, but don;t forget SP is also influenced by future sales/revenues/cash

so yeah, right now it's the toilet but that was represented when SP dropped to 25. What's going to be interesting now it to see the relationship between oil, which seems to have broken thorugh its short term daily and weekly down trend, AND more importantly, has NOT broken through its mid term uptrend at 75.

Will it got to 100, or beyond? and how will CLL react to this? is 50cents the barrier, or will it be 75, or beyond.

Fun times ahead watching this develop

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