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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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Message: Re: Why Market Reacting Negatively /Q1 ernings

Hi Jurek



TNX for quick reply.

What's your prediction on sp tomorrow?For me I'm more looking to the chart A high in short around 4.75.based on Fibonaacci wave could be reached in short time .It could be a day like PDP has had after recent results.I would not be supprised to see a drop after opening and later a recovering.

Some are somewhat anxious and have hopes on announcement for Algar but I doubt about that for tomorrow.Maybe later within a few weeks.Reserve number normally is around June if I'm right.

I think a lot of news is calculated in the sp right now and like you pointed out on earnings will not be that big.

I will be at my computer at opening.

Just don't know when numbers are released .In my country always before opening but I think this is not always so in Canada.

Now I'm gonna sleep and let's hope for a nice day tomorrow.

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