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

Free
Message: January 14 Presentation Slides are up

Wiilbrich..

"What you're saying is since the plane is still on the tarmac, passengers are not at risk lol.""

No what I'm saying is that the passengers have already paid for their tickets so the airline won't loose any money if the passengers have to be refunded. LOL

Actually I did triple my money short term with CLL , but tha was when it was 30 cents a share..

Look I'm not disagreeing with your logic I just feel it doesn't apply in this situation..You have to remember that as POD 2 is being built the funds will be used up incrementaly.it's not like holy crap we got aspproval and shezam 400 million is gone..If it's invested well and depending on how fast POD2 is being built and how much revenue is being generated by all of CLL ventures then it may not be necessary to even touch the capitol.

You also have to remember that if the money is being used to build infastructure then it's more or less a balanced trade off as fixed assets increase proportionaly to debt.The biggest concern of course has been cost overruns due to labour shortages and high inflation in Alberta. However between the looming U.S recession and the Alberta Royalty increases I see costs actually going down as skilled labour will be plentiful..AND we have Cash on hand to exploit any advantage a recession creates. We will be building as the competition is winding down, probably because they can't get financing.

I totaly agree,, this is a long term postiion,,I think though the fruits will start paying off sonner than you think as even without pod2 they should be producing 10k from POD1 and 3k conventiona oil from other holdings,,and Natural gas price is raising ( go Luke go) and refinery profits..

LOOKS GOOD

Share
New Message
Please login to post a reply