I have been following this board ever since it started seperatly from stockhouse, but this is my first time posting. I am a long time shareholder of Connacher and started adding to my position during the initial runup in 2005. I have an average wieghting of around 2.40 a share, which isnt to substantial considering other posters on this board.

Anyways, just wanted to share my thoughts on the recent financing activities that DG and the team have put in place. Recent price support in the sp IMO is due to the expected restart announcement of Algar sometime in the next week (I woulden't be suprised if it was announced after markets close tomorrow). Although I as a shareholder am somewhat disappointed at the dilution, I (as most would agree) that it was necessary to maintain financial health for Connacher. In the end the cash on the balance sheet outwieghed the increased share float and sp movement has stayed relativly steady.

One question I would have for other posters here is this: Do you think the recent equity and debt issue(s) has made Connacher a more attractive takeout target from a larger company? I think the chances have increased substantially for a larger company like Total to see Connacher as more attractive with the Cash they just recieved. It also wouldn't be a problem considering a larger company has the ability to service interest payments with ease. Could the Montana refinery and NG assets play a significant role in stopping a takeout? thoughts?