Agoracom: Small Cap Investment - Connacher Oil and Gas

Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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bbqdays

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posted on Nov 06, 2007 08:08AM

I don't understand this, oil at an all time high goes up up up
and Connacher goes straight sideways. Even BQI is goes up and
they don't even own their land (my understanding is they're just
drilling on leases and won't even have much involvement in any
production). I'm just very surprised at the lack of correlation
between the price of oil and CLL PPS.