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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: can comparrison be made?

Oct 22, 2009 07:37PM

Re: can comparrison be made?

posted on Oct 23, 2009 12:22AM

Well if you see these figures then I'm wondering what's the positive side of CLL right now?

There are assumptions made on Brian's comments to be to negative .I also was a supporter and most of us too before 2008 but if you think about the situation CLL is in it's not something to be very possitive today.

Like 2 C wrote here .The numbers don't lie.

You can't expect that those who bought CLL before 2008 are very happy today or even possitive.It's a difference for those who bought first time recently comparing to those who are in long time ago.The risk of loosing same amount in lower at today's price.

I had planned to buy back but changed my opinion with current situation.Even if Algar can be finished smoothly then we are not certain it can achieve the design capacity without further cost.If oil should drop again below 60 they face another difficulty again.

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Oct 23, 2009 01:01AM
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