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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: NEWS: Connacher Announces Breakthrough Results From its SAGD+(TM) at Algar

Ludwig

I posted earlier that an analyst on BNN said that CLL SP is dictated approximate 50% on world events 30% on sector performance and only about 20% on what management does.

CLL SP is out of control right now and is being manipulated by the big boys. THE SHORTS drove the SP down so low NOBODY other than the institutions are looking into CLL. Longs are holding but new investors won't be coming around anytime soon. Last time the shorts did this CLL SP never recovered as CLL was forced to offer shares at .90 during the 2008 crash..

Big boys are putting up a wall on both ends to hold CLL in place.. 522k bid at .39 and a 751k ask at .45 on the TSX..Looks like both long and shorts are waiting to see the q3 reults before moving the SP

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