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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: latest NR

Re: latest NR

in response to by
posted on Mar 10, 2009 07:15AM

as laid out by the release Connacher is informing shareholders that its 20,000bbl will in fact more than double 44000bbl,that is good news ,that is also NEW,it is for shareholders to extrapolate keeping in mind that prices will rise ,infrastructure is in place,at least the basics,costs will go down or stabilize,DEMAND will increase,in all likelyhood RESERVES will increase,Connacher has shown that it will wait for bbl increase,production can wait.

Yes costs are a concern but should not deter investment,seems to me some investors dwell on negative,its alright to be cautious indeed it should be part of due dillegence,but to see constant negativity in posts is not called for IMHO,we are on this bullboard to glean facts,being members on this site indicates we support Connacher and its management,seems to me we have some posts that go out of their way to find the negative???

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