Jurek

I also feel that you make a valuable contribution to this board even though at times your outlook may seem to be less optimistic than others.  It's very apparent to me now that Connacher's current share price has almost no relationship to Connacher's fair value.  It's strickly based on the whims of the market.  My main concern is that a hostile takeover attempt will occur that even with the poison pen provision could lead to it's being taken over for less than $5.50 per share, which in my opinion would be a real tragedy for those of us who believe that this could be a $20 -$40 stock in just a few years.

I'm the quality systems manager for my company and I value plans that are laid out for all to see with easy to recognize milestones.  Connacher's management has laid out what they intend to do for the next several years and it seems very logical to me.  Based on the success of pod 1 to date, they have met every milestone to which they  had previously committed.  Everything is in place for Connacher to be a tremendously successful company with just their oilsands leases.  If you take into consideration that Connacher has an ace in the hole with PDP, I don't know of a safer investment with a 10 fold potential than Connacher.

Martin