Welcome to the Connacher Oil and Gas Hub on AGORACOM

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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Sharky:

One problem at a time. I just hope that with Algar on line and hopefully doing well, I can get back to even. If I can do so, I will be out of Connacher and looking and waiting for a good reentry point. It will come. One way in which Connacher is predictable is that with its volatility and unpredictability, not to worry, it will offer a good reentry point. It might take two or three such cycles, but unless it goes "belly up", we will trade our way to profitability! As for whether they sell it or not, I really do not care. Just so long as they do not sell it on some "sweet heart deal" for Gusella and company, with all of their options before wer get our chance. So, two things still concern me. Actually, make it three:

1. Failure of CLL due to mismanagement in a situation such as we saw in 2008/2009.

2. Gusella and other management members, with all of their numerous cheap option shares, sell out before we can get profitable.

3. A catastrophic event such as, Algar being a failure with subsequent bankruptcy.

Brian

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