Replies to post #2544 on Claren Energy Corp (CNENF)

[Hamilcar54]

59$ is nice but it's unsure if this will last since it's geopolitically inspired. Oil should bottom out in the 2nd quarter so even if it drops back to 50$ then we are still sitting on a 100% profit per barrel. With an avarage 70$ per barrel next year then I think we'll do just fine.