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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: Connacher divestiture plan: to sell off it's conventional oil and gas asset's

Good remark Jurek.It's sinical if you look to what they have achiebed with that approach.In the years they have bought Montana and Luke it didn't work well with their gedging strategy.

Now with the knife on their throat and the situation we are in now further expansion will be tough to get the financing.Instead of creating value they just destroyed it.

DG has one time spoken about a dividend he would give to his investors.Probably the poor man will be lying in a nice coffin under the ground until we see this happening.

We can only bet they can sell the assets at a good price and they are able to reduce the debt situation.If they have some luck by then and Algar can ramp up nicely and pod 1 can achieve his goals ,if a take cover should occur and they have drilled also some more holes to raise their reserves the offering price will be a lot higher the today.

The most important for investors who bought this stock above 4 $ and they never traded it to get some more profit will be the offering price if a take over is the case.Should we get more then 4 in a take over when all I've wriiten above is the case in the future?

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