Re: Price Inflation

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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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sharky

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Re: Price Inflation

in response to

Re: Price Inflation

BKM8572

posted on Aug 18, 2010 05:00PM

Well the we both will be happy.Could be you're right.

Things can change in the world.

but oil is priced in us $.What will be the effect on that.Normally oil ,gold and the us $ have some relationship.If the us $ strenghten against the € normally oil goes down .The cad $ has reached its highest point against the € .If it goes under 1.25 € then the long trend is broken .

I have no referance for the us$ vs cad $.

If this is the future that the cad $ will overtake the us $ what effect do we have on CLL's results?

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