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

Free
Message: Support

Well Spider you may wonder what can lift this stock.Since more then 2 years this stock can't make any sign of strenght.Indeed better netbacks but all by all we have 2 pods running instead of 1 and indeed shares are doubled as well but with pod 1 we could reach 5 $ .Oil is in the lift since almost a year as well but we get no reward.

Perhaps it's a concurrence of circumstances for the drop.I think we have missed the train again .You should think where is the bottom?But the drop is made today by small volume.It's very easy to move this stock from one direction to another there is simply no big interest in this stock and you may be right it's caused by the lack of better netbacks.

Share
New Message
Please login to post a reply