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

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OilSands:

Actually, at the moment there is nothing of a fundamental naure to move CLL in either direction. As a consequence, we are trading in a low sp environment with very low volatility. Until something changes. (deepening economic weakness, the inverse, a severe cutback by OPEC in production, etc.) and as long as Connacher remains in its current financial position, I believe we will continue in a very narrow price range with the "day traders" being the only market participants. Meanwhile, if one feels the prospects are bright for Connacher, it is a good time to buy. Of course, the inverse is also true. As a result, most are currently sitting on the sidelines. Frustratingly disappointing for all of us. but it is the reality.

Brian

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