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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: On A Positive Note

Scott,

Thanks for posting the link for Henry Groppe; Mr. Groppe succinctly laid out his thesis on oil prices for the past 2 years and throughout 2009; let's hope he's right!

Does anyone feel that our sp is being held down for accumulation purposes(Resolute)? One would think that may be the case; CLL hit a .05 cent rise during the day, then was brought back down to a +.01 close; all this on the tails of a tripling of reserves report.

In any case, the added reserves should help with the new accounting methods to be used in 2010???

thanks again, 9baller

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