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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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It looks to Q2 2009 for a reassesment of whether or not to ramp up production at Great Divide.

Yes but on the presentation they also tell about end 2009

•Assumes Algar
construction deferred until
Jan 2010

Just heard a well know politician talking on our tv debate and he said many politicians and many people fairly underestimate the crisis and the consequences.Though markets has fallen already quite a big chunk and oil is below 1/3 of its all time high we could be staying around these low levels for a long time.

Maybe Opec and like I read today also Russia spokes about "the end of cheap gas will come to an end" it's not so sure it will in short term.But let's hope they can stop the fall.

This crisis has driven people to save money instead of spending and even if they wanted to spent or buy something with a loan they must have very good credibillity at the bank.

If you think about this crisis people like we ,who are on stock investments, have all lost a big deal of our virtual money.So everyone who was at some point related to stock individual or buy funds have lost "on paper" a lot of money.Only those who are in saved and assurred funds didn't but also these people are not willing to start buying heavily due to the negativism all in the media.And those who lost their jobs too haven't no choice then to live very low profileSo not so simply to turn that circle

So on sp behavior I think if we are lucky we could made a broad trading range from here to 1.25 or something with up and down ticks until there is evidance there is some light at the tunnel.I news they would fire up POD 1 and start building further on Algar could give a nice boost to the stock again but I fear it will take some Q's from here .Maybe Obama's plan in January could give some support to market for short term.

They just showed Obama's last speech after lection and here we need such a charismatic person like him to set our government back on the rails again.Imagine we have now no government on top the banking situation and the crisis.These fools are only thinking at themselves and their parties instead of making decent decissions.From recent studies we belong to the fourth richiest in the world here but could be with thses idiots we will tank and pay on top extra tax to solve the problems they made.

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