Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Free
Message: 150,000 shares crossed by Raymond James @ 12:01
Reply New Message
Prev Message Back To Forum Threaded View Next Message

a $6.75 stock by August.

Hi Spider.I'm not so confident to see this happening till August.

We have the markets against us .Also the latest top at 5.25 will be hard to take.

The news we expect on Algar and the reserve update will not be enough I think to smash that resistance in current market conditions.

The strenght of the oil price trend is very weak and I suppose it will be difficult to regain momentum.

When will we see Q2 numbers ?In August are after?

1 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply