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: Re: XIII

Jan 13, 2008 01:30PM
1
Jan 14, 2008 12:00PM

Re: XIII

in response to by
posted on Jan 15, 2008 01:49AM

What do you think of CNE and PWE merger making the largest oil and Natural trust in canada? I get in on CNE when it was killed by in the halloween massacre when the gov first changed the tax laws and have made a lot of $ on it. I am wondering if it is still a good investment now with the merger and the current state of things. It still pays a hefty divy (and with Drip continues to lower cost basis), what are your thoughts? Also long term really like NCT, got a low cost base and in a year or so when the credit market returns to normal this will be a winner, just very voliate short term (under 1 yr) but that is fine. I do expect divy to be cut to 63 cents but still a nice return.

 

Thanks

Rex

Share
New Message
Please login to post a reply