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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XIII
posted on
Jan 11, 2008 08:01AM
XIII
You still feeling optimistic of $5-6 by April (I am quoting from Memory)? I agree with you on your rationale, but not time line. I think CLL will have to hit 10K per day with Pod1 before they will see $6, then once they can improve thier balance sheet with the genereated $, as well as address the other issues, then the SP can appreciate from there.
As always I appreciate your responses they are always informative.