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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Message: Last down days.

Past 9 trading days are all red candles? If I'm right they have had a road show or something past days.So poor performance from that news.So are the problems with the pipeline and the upgraders the only reason for the downside or is there something that big funds don't like again?

Or is the top of the trading range the 1.45 ?Then we are trapped for a time again.

The situation now IMO though we have 2 pods in production is not as good as before the crisis .That debt burden is the drag on this stock.Until now I still can't understand why a management has taken such huge risk .Where did these guys go to school.

The only we can rely on is that the NAV is a little higher and maybe can be upgraded after summer drills.

What do you guys think about the latest sell of in the stock.Is the bitumen price caused by the problems and oversupply in the region the only reason fpor the drop?

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