Sharky & Den:

Though I think the delay in Algar may prove to be too defensive, I am in basic agreeent with that decison. Though the situation may improve regarding oil price in the near term, we must also consider it will not. The decison which management has made grants Connacher the maximum amount of time and flexibility to observe developments without taking on risk which could shorten the durability of the corporation through asset dimunution. Personally, I prefer an approach which maximizes the time for observation as opposed to the more risky approach of full speed ahead. Once the company runs out of needed resources, things get real difficult real quick. Now is not the time for undue risk taking when there are safer options!

Just my thoughts.

To all, a safe and blessed New Year!

Brian