Re: Hedges

Welcome to the Connacher Oil and Gas Hub on AGORACOM

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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BKM8572

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Re: Hedges

in response to

Re: Hedges

OilSands08

posted on Jun 03, 2009 07:28AM

OilSands:

And of course, let us not forget that the Connacher "Insiders" benefit through not being subject to the affects of dilution when additonal financing is done. With this most recent financing, the number of shares which "insiders control will more than double. A couple generations of such dilution going forward, plus all of them done in the past and "Insiders will be beyond all external influence and controls and the common share holders will be totally at the whims of the "Insiders!