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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: For Denby et al:

Apr 22, 2010 08:35AM

Brian,

A good article, thanks and yes it does seem the Israelis are more and more working in isolation from Washington. However I am sure if things do escalate America will join in, after all we all know who runs congress. Thing is at the moment we are walking a tightrope as far as world economy is concerned. Curing the supercycle of debt can not be done by creating more and more debt which is what our great national leaders are at. Who knows what may trigger the next leg down as we sit on the edge of a precipice. A war with Iran would seem like a blessing as in fact yes the oil price will go up and probably as a result the CLL SP too. But at what cost to the markets and the and the knock on effect worldwide. It really would not be a good result overall and the SP of CLL would be insignificant in the overall scheme of things. Sure I will have missed the boat but the markets tanking will throw up lots of other opportunities for my cash so I am not too worried about that. I have absolutely no idea how we are going to get out of the current mess we are in but I do know it is not going to be a quick fix as all seem to think at the moment. We have to face the pain sometime.

Den


Apr 23, 2010 08:23AM

Apr 23, 2010 01:47PM

Apr 23, 2010 03:35PM
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