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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: whats with these guys

Aug 08, 2010 06:42AM

Aug 09, 2010 12:47PM

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Aug 09, 2010 03:02PM

Hi Brian

Yes it's very quiet latest days but there are some reasons for that.

Summer season and probably many on vacation.I've been away many times myself ,summer is ok here.

Bourses are very cautious for taking a step to move towards their April highs so CLL is following same trend so far though oil is above 80 again.

Q2 I also don't expect much but I think the market also knows that but the focus could be on the hopefully improved output ,start up for Algar etc..The stocks tend to move in front of some actions.But DG lost a lot of his credibillity to investors.Since almost 2 years we haven't got some really good news that could bring good support for CLL.

Me and I think many others too are struggeling with the fact how they gonna fix their debt and other financial deals if they want to move on for their other pods.So on this stock the future is not clear .PDP is even more blurry.They have both something to grow but I don't see it clear right now.Strange in fact how that management brought these two companies which have more strenght two years ago to a level we face now and on top both in fact in hands of the bankers.


Aug 10, 2010 08:46AM
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