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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: asset class

Mar 16, 2008 06:02AM

Mar 16, 2008 12:50PM

 

I can't imagine why they shouldn't make money.But maybe it's normal big investors wanted to see the actual result of this and if they can meet the designed target.

 If the poster who posted that they have drilled a lot more and now still drilling holes ,have they something in mind with that.In fact it's a little out of their proposed target.So has DG the intention by proving good extra reserves to support the sp?

 A lot of my companions on our local board are also disappointed about sp behavior during last 2.5 years.But I took PBG long time chart as an example.

So if we look to the chart we can see that PBG has been in a long time trading range from 1997 to mid 2005.I have not many info on this company but I can assume that many investors during that period also were a little anxious about the sp performance.But at once it makes this big jump with lots of volume.Maybe some guys over here has some decent info about this happening since 2005 and what the reason was behind that.

So maybe CLL could lift of some time in future.It can't be that investors would stay asside if the company production is growing and reserves get higher and higher trough the years. 


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