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Gold/Mining/Energy : CLL oilsands play -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (148)	10/14/2009 1:32:59 PM
From: james flannigan	Respond to of 549

Thanks Tom. I like CLL and own it and will continue to hold.But its like being in a boat during the salmon run with no fishing pole. CLL needs to take steps to address the SP.I have offered to make some suggestions to them but got turned down flat.I said I would give them 3 months to see if they can get the market cap over $500 million.Today marks one of those months gone.I do not think they will get the SP up unless a hostile happens in the next 60 days.That I do expect to happen(the low stock price in a rising spot oil price is a given and too good to pass up). Very sad to see a company with outstanding assets fall below the markets radar.The management thinks no one will take them over,they are dead wrong IMO.RG is a smart oil man and as shareholders we are lucky to have him,but even smart guys make mistakes.It is a mistake not to pull all the stops out and promote the hell out of CLL in this high oil price.The majors get more embolden in high prices in the quest for undervalued assets that the market has given up for dead. James