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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: cllzf volume 779k shares!

Jan 05, 2009 11:14AM

Good volume on the TSX, around just under 2.5m, I think?

However, I tend to watch UTS at the same time as one indication of possible potential. If UTS and Connacher are rising and falling in price somewhat in tandem, then I am less excited about the changes in Connacher's share price. It's when they diverge that I tend to pay more attention to small movements during the day, and volume. Any volume these days over 4m would certainly get my attention.

A few years ago on Stockhouse, Oilbent always used to talk about how he liked to keep his powder dry. Unfortunately, I don't have much dry powder right now, but it's still interesting to watch.




Jan 05, 2009 11:36AM

Jan 05, 2009 11:57AM

Jan 05, 2009 12:18PM
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