Re: Is it time for a share buyback?
in response to
by
posted on
Oct 28, 2008 08:15AM
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
RDOTT:
In such times as these, with all of its uncertainites, it is a good time to take a very conservative approach. Best not to get "cute".
We should shortly have the go ahead for Pod 2. Lets get it built with all reasonable speed meeeting good planning and diligence. The time for stock buy backs, dividends and other share holder goodies will come as objectives are met. First lets build an operation which will support the objectives of the corporation. Then all else can come from the prosperity created.
Brian