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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: On time and under budget

Apr 16, 2010 09:22AM

As i understand this

and anticipated to be under budget

it's not truly a fact but they assume it will be under budget .

I don't think this news will do much for the sp because you could follow it on their website.But it's not bad news now it's a fact.

So if all goes well by end of August they can have their first bb of bitumen.

Still hoping on a dip in the markets to by back.

As for Jurek"s assumption about gambling.Maybe it's a little overdone but i don't disagree that each stock is a kind of gamble even the blue cip stocks .The latest crisis has show what can happen even with banks etc..

So maybe the mosy headwinds are gone I don't have the feeling that the economy is in such a good shape we are at 11.000 points again for the Dow as referency.


Apr 16, 2010 10:07AM
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Apr 16, 2010 10:37AM
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