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Connacher Oil & Gas


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#1 PorkLoin

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Posted 23 January 2006 - 12:45 PM

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Since its low about 16-17 months ago, Connacher has liked to go sideways and rest for awhile, then leap up vigorously. And it's still going, and going.... Looked for current news and didn't see any. Natural gas futures got whacked today, down 9-10%, so I don't know what the deal is with Connacher.

TomD first turned me on to this one, and it's been sweet.


Doug

#2 PorkLoin

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Posted 27 January 2006 - 05:45 PM

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Still going strong. Natural gas and oil sands. I've read at least one comment that the company would be good for conversion into a royalty trust. IMO that would be great, or I could certainly see a major company buying this one. TomD mentioned it last Oct. 3, and it closed at 2.56 that day. I got some at 2.45 and 2.10 (had two orders under $2 with no fills). Tom got it the previous year for 29 cents (sheesh!) and at the time it was the only buy-and-hold stock for him. Well, it's been a heck of a hold.

Doug

#3 Ngy

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Posted 27 January 2006 - 10:45 PM

news came out earlier tonight via a press release by CLL, though I think it is just the hot tar sands that has been pushing Cll up!!

#4 PorkLoin

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Posted 30 January 2006 - 09:07 PM

Another 41 cents added on today. Gonna be a triple from October pretty soon if it keeps going.

#5 Ngy

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Posted 30 January 2006 - 09:30 PM

Another 41 cents added on today. Gonna be a triple from October pretty soon if it keeps going.

not only a triple but it also looks like it caught up to some of it's counterparts like UTS & LKE! Although its trading slowed by the end of the day, the volume is such that it will stay over $6 tomorrow. :-)