Re: Why Not a Progress Report?

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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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M14W49

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Re: Why Not a Progress Report?

posted on Dec 18, 2007 01:06PM

Greengas

Connacher right now at 3.44 per share is probably selling for less than 50% of it's real asset value. It doesn't take much good news for a stock to jump back to its asset value and then some. I have stayed put with a significant portion of my savings in Connacher stock because I strongly believe that it has the potential to double almost overnight. You don't know when an offer to buy will come or the effects of a positive press release on Pod 1 production.

I know that $6.00 by years end is very optimistic and will not occur unless a very favorable report on Pod 1 production is released this week but I do think that if a favorable report is released, the stock will skyrocket and if you are not in when it occurs, you will lose out.