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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: WalterWhite who wrote (20090)	3/31/2008 10:09:52 AM
From: james flannigan	Read Replies (1) \| Respond to of 25575

I think that is great that you bought CLL @90 cents.But back at that time the market priced the stock too low because no one thought that CLL and RG would ever become an oil sand producer.Much like today the market does not see what RG has in mind for CLL or can vision a 50,000 brlpd producer refiner and gas producer.Selling at $4,5 or $6 would look very wise today.But if the market was valuing CLLs intrinsic value at its true worth,then selling at $6 would look foolish.Some day the market will price in the intrinsic value.When it does buying at $3 will look as good as you did buying at 90 cents.In the short run the market is a voting machine,in the long run its a weighing machine.The trick to beat the market is buy when it is voting ( like all North American markets are doing today) and sell when they start weighing again,and they will.Human nature never changes. James