Re: digger

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

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sharky

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Re: digger

in response to

digger

jurek

posted on Jul 11, 2008 12:18PM

I think you're right Jurek.

Algar approval if we get it is good news but in fact it will take more then a year after start construction we will see some extra earnings .

Meanwhile with current bad market conditions it will be hard to start a decent uptrend in the stock.

However most stocks have reached attractive levels so only thing we can hope is we see a technical rebound.Our own index here has lost almost 30 % so in fact a crash situation.

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