Re: Rate Cuts mean nothing for Connacher Now
in response to
by
posted on
Jan 25, 2008 04:48PM
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
Same boat again ... picked up some more also, it's kind of fun to lower the cost basis. Unfortunately I also looked at how much I'm down so far here and it's not pretty. Wish I could say the whole market's down, but most of my other holdings did well today and this is very disappointing.
I have faith in Mr. Gusella's vision, and the promotion seems to be improving a little. It's difficult riding out these periods where we still seem to be invisible to the market, the revenue isn't yet posted, and the institutional support isn't there. Just very frustrating, wondering what in the heck am I missing? Patience ... come back in June ...