Re: Tough to figure this stock out
posted on
Jan 27, 2008 12:56PM
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
So for Q4 we will not see any effect on eps and also for Q1 too i suppose.
After these Q's normally we could add extra value and hopefully sp will follow.
Only thing we don't know is when the bank sector has cleaned up all the mess.France bank Société Générale has their own Nick Leeson now.Their trader made a loss for about 5 miljard euro.If they hadn't discovered this problem the bank could be bankrupt.
I looked to the TSX and it seems Canada is not so much hit then European stock markets.