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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: Trading channel is broken

Jul 17, 2008 06:34AM

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Jul 20, 2008 07:31PM

Jul 21, 2008 08:19AM

Hi Sharky

Yes, I see other indicators turning positive the same way they turn negative at $4.8.

I am not worry about Algar at all. CLL will get approval sooner or later.Interest expenses related to the $600mln NOTES are inconvenient but negligible from the reporting point of you for 2008 earnings. It gives people something to talk about.

Debenture MYTH continues especially in the Conspiracy Theory Club membership circle. Why would majority Debenture holders would not like their capital to growth? Nobody on any CLL board presented the numbers that long debenture/short CLL share TRADE is profitable long strategy play.

To see the brake in the trading channel on my chart sroll the slider to the right at the bottoom of the chart.

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