Connacher Oil and Gas

Welcome to the Connacher Oil and Gas Hub on AGORACOM
in response to barak1's message

It should be a slow mover. With production consistently around 7500 bbl/d and investors/traders buying low price to earnings the SP will languish. All DG's words can't make production go up. He has, since day one of GD production, been saying that "next quarter production will be near design capacity". This is a common theme for him but the production doesn't get there. The buying of PDP shares may turn out to be a good move, but it definately wasn't in the budget. I think he is banking on Algar.

Please login to post a reply
spiderman8
City
Calgary
Rank
President
Activity Points
2200
Rating
Your Rating
Date Joined
12/21/2007
Social Links
Private Message
Connacher Oil and Gas
Symbol
CLL
Exchange
TSX
Shares
403,000,000
Industry
Energy & Environment
Create a Post