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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: Underperforming

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Jun 28, 2008 07:59PM

Well I hope so but I learned with CLL not to assume a high valuation.

I don't believe that recent spike in oil price can hold on.Wouldn't be surprised to see a drop in September or October in oil price and overall markets.So even we have realizations you wrote then these events will put a damper again .So I agree with you it will stay volatility.But in the long run it will be ok if Algar goes as smooth as pod 1.

If they could realize that,then we can come in calmer waters because if DG can go on with his upgrade for POD 1 to 12.000 to 15.000 and later on maybe Algar too that would be a very good sign with minor finance risk.

I hold it on 6 by end of year as mosr possible .We have to overcome some major resistance first to go for 10.

5.25 as first and then 6.Once 6 smashed a wave to 9 a 10 could be.

Just saw on our Belgium news that more people in the US take the train or tramway and or looking for scooters.Here we are used to use that kind of transportation specially in urban area's.

Maybe it's good to use European and Japanese cars instead of V8 even I must say I like the sound of a big US engine.

Just for fun maybe I can change my BMW M roadster for
2 Crudes Corvette Z 06 and run on LPG but I think he wouldn't change this beast of an engine.


Jun 29, 2008 06:11PM
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LLC
Jun 30, 2008 01:23AM

Jun 30, 2008 04:21AM
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