Re: Business decisions/MRC

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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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sharky

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Re: Business decisions/MRC

in response to

Re: Business decisions/MRC

jurek

posted on Mar 29, 2009 08:53AM

Hi Jurek

Curtsy of 2Violins, this is the quote of day on this board:

"Gentlemen, we all have to realize that we are not in the business to produce automobiles, but in the business of making money"

Well I must say I found that too a nice statement.

About Algar.To my opinion they could better wait how things evolve .They promissed never to dillute the sp by issueing more shares to get extra cash but that was before oil went down.

What price of bitumen and output do you have in mind they can meet their desired cashflow .

PS. Sharky, I am so disappointed. I have got the impression that you would be more crazy about Black Sabbath, Eric Clapton or Jimi Hendrix :

I like that too but most of all melodic rock .Black Sabbath goes more to heavy metal.

AC/DC and Motorhead and many bands between 70 to mid 85 were very good like Poison,White Lion,The Free,Heart(Nice ladies)etc.

We have one small band which was very popular in the mid 75.

http://www.youtube.com/watch?v=H0bJ3...

And now so many years older the New York young guys like them too.They playing some kind of punk like Iggy POP