Re: Re rumour of buyout

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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: Re rumour of buyout

in response to

Re: Re rumour of buyout

believe in CLL

posted on Dec 16, 2011 08:34AM

Your posting

But I agree with you the mistake they made was being aggressive. But Algar was conceived and even commencec building before the great crash of 2008. I always thought that they were aggressive towards the oil sands,even at one point they had a slogan " It is all about the oil sands" It was dumb not to diversify in sweet oil, they tried to do that after the fact.

That's also IMO the most reason where we are today.If they had more patience that time instead of being so eager to devellop and start the Algar pod as soon as possible we were in better shape I guess but still like you I believe CLL is worth more then today's value.