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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: OIL UP

Feb 08, 2008 07:49AM

Feb 08, 2008 08:11AM

Institutions are still trying to get cheap shares and are holding SP down. See analysis of preceding poster for valuation of Connacher.

I'm just wondering where the crusial point is where the shorts don't dare to get lower .At sometime in the proceeding of production there must be a certain point where these guys will loose the battle .

If short numbers start to decrease in time that could be a good point to see a major advance in sp.We may suppose that they are more informed than we do .


Feb 08, 2008 03:58PM
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