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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: Volume & Shorts!

Dec 19, 2008 06:29AM
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Dec 19, 2008 07:37AM

Dec 19, 2008 08:01AM
Rebels: I am sorry and I feel your pain. Obviously, you have a fair bit more shares than I. Where is the bottom though. This is more of a rhetorical question as I think we are awfully close. Assuming that Connacher survives and oil does in fact rebound. My concern lies over the argument as to whether we have entered a protracted deflationary period. If we have, things will become dire as investment will dry up which will exacerbate the ultimate explosive upward move in oil. The question, as deflation has been the prime mover at present, is how long will it last and will it become systemic or transitory? As I said earlier, in my opinion, such a potential is possible. If so, God save us all. Brian

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Dec 21, 2008 06:01PM
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