starting 4th quarter 2010

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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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spiderman8

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starting 4th quarter 2010

posted on Nov 12, 2009 06:55PM

We will see at least 15 cents per share cash flow, before any foreign exchange, derivative, mark to market adjustments and before G&A expenses.

This is based on 15,000 bbl/d starting in Oct 2010. Confidence in CLL will be up therefore p/e ratio will be up.

Based on todays price to earnings any one care to make a guess at what 15 cents would bring at an SP today.

Based on improved investor confidence anyone care to guess what 15 cents would bring for an SP in 11 months.

My guess is that, that will be the target trading range for the next 18 months

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