Re: Dondon and Rebels 1 : A Question
in response to
by
posted on
Jul 09, 2009 04:03PM
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
Brian,
I agree with your realistic attitude and find it amazing that others are willing to make predictions that oil will be $200 and that sp will be $20 and think that is realistic. This is and has been a speculative stock since the beginning to which I have followed for several years.
I posted an article yesterday which has been removed about OPEC stating that 2008 demand, wait I mean DEMAND levels will not return for 4 years. I am sure this will help oil get to $200 but hey what do those boys at OPEC know anyways.
If your not realistic in your expectations when investing you are a speculator or a manipulator it's that simple. Of course it's all speculation to some degree anyways.