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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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Message: Re: Great DD post from the FTMC board - Good perspective

I agree the US is headed to recession or at least an ugly 2008. Too much debt, mortage and banking issues, layoffs, etc. Hopefully it is a short lived one and we can rebound in 2009. CLL's true value is once pod 2 is up and starting production, they will then have the cash flow to really develop other pods without high financing and will be a producing company instead of a small firm wtih high chances for success. I like XIII's post but do think he is overly optimistic, but hey his cup is always 1/2 full. I am a realist and see the cup at 50% capicity.

 

Rex

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