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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: Wrong guess
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Wrong guess

posted on Apr 30, 2008 03:47PM

Conservatively the SP should exit April around $3.65 and aggressively $3.90.

That was my projection on April 3, I'm definately happy it was exceeded. I think even though we have had a slight pull back on oil prices we should see $4.50 by end of May, I base that on a continued production improvement at GD. June might exit at $6.00, because of Algar approval. Stay long, but keep a close eye on things.

Re: Wrong guess

diggersam
Apr 30, 2008 05:49PM
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