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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: Re: Chart view

Sep 23, 2009 02:48PM

Sep 23, 2009 03:42PM

Sep 25, 2009 01:01PM

Sep 25, 2009 03:21PM

Well I'm actually waiting to buy back.

Will see after end October, but I follow it up from now and then.

I still think it has potention for the future but you know I have same thoughts about what has happened like you have.So let's see what will happen in the near future.After recent decissions they made some good news that will be appreciated by the market would be nice.

Hope they have the same luck with Algar to start up so smoothly like POD 1 .I learned that SAGD technic is not something you can bet on it.The only I know is we missed a lot of cashflow due to the curtailing and the problems to get back on track with extra ESP pumps as well.

So if POD 1 is on full speed and IF Algar starts up reasonable well then till end next year hopefully it will look some better .Don't think we will see an expectations jump like before POD 1 when investors took a premium on the coming future to lift the stock in the 3 to 6 zone.

Had a conversation with a guy this week who runs a small bank and he said the banks are not completely out of trouble.The resume of the economy will go up very slowly.Some talking about 2020 to 2025 till all will be cleared and we reach a level like before.

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