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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: Acquisitions

Aug 07, 2008 11:02AM
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I seriously doubt at this point in time, any of the people on this Board have an adequate understanding of all of the issues impacting on Connacher, to make a valid determination as to how RG's skills match up to the issues at hand. He didn't get the company this far on just "dumb blind luck".

At the moment, all commodity oriented companies are under attack. The investment community has fallen in love with financial stocks and against commodities for the moment. Don't worry, the financials still have basic systemic problems that will take another year or two to work out. If then. After their (the institutions) present taking advantage of gains in financials and wearing down of commodites, they will be back for the next run in commodities. The long term supply/demand dynamic has not really changed. My real concern remains with the banking and finance sectors. There is where the potential exists to take down everything. It is becoming apparent that not only the US did some really stupid things financially!

Brian



Brian




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