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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: Too much doom and gloom
8
Feb 28, 2009 03:40AM

Hi RDOTT,

Judging by the popularity of your post you stroke the right note.

Last two months were brutal. The shares were going down like there is no bottom. Credit agencies were downgrading, annalist were lowering the targets and CLL cash flow was disappearing with the Bitumen price and NG going down.

There was nothing but doom and gloom. I realize that my overly optimistic but very low cash flow projection and CLL inability to pay the interest on long term debt were adding to the negative sentiment.

Your post as well as Lynn and downthefairway give some hope and help to forget about reality.

In regards of point #4 and #6 of your post, your expectations are on the other side of the rainbow but i am not going to spoil the party.

Dumb, why people like positive sentiment better then realistic one? Is this why the Hollywood make such a good money?

Good Sunday to all.



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