Agoracom: Small Cap Investment - Connacher Oil and Gas

Re: Just a few numbers/new for Sharky

Sep 05, 2008 02:10PM

Re: Just a few numbers

sharky

Sep 06, 2008 12:12AM

Shut downs

sharky

Sep 06, 2008 12:33AM

Re: Shut downs

sharky

Sep 06, 2008 12:36AM

Sep 06, 2008 07:26AM

Sep 06, 2008 08:13AM

Sep 06, 2008 09:11AM

numbers/spide

Sep 06, 2008 06:07PM

Sep 07, 2008 07:20AM

Sep 07, 2008 04:59PM

diggersam

Sep 07, 2008 06:46PM

Sep 07, 2008 09:11PM

Re: numbers/spide/jurek

Sep 10, 2008 01:43PM

Re: numbers/spide/jurek

diggersam

Sep 11, 2008 05:50AM

Question to Mr. Gusella

Esch

Sep 11, 2008 07:52AM

dk_co

Sep 11, 2008 08:18AM

sydneyb

Sep 11, 2008 08:20AM

BKM8572

Sep 11, 2008 09:04AM

jurek

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Re: numbers/spide/jurek

in response to

Re: numbers/spide/jurek

posted on Sep 11, 2008 10:02PM

Spide

Good work on Q3/4 CLL numbers.

September 10/2008 Dil-Bit prices dropped to $79. $30 lower then July average ($108). Raw bitumen price will be about $50 - $55 and CLL netbacks will dropped to $20 to $25. Both our estimates (my at 45 cents cash flow for 2008) maybe overly optimistic.

It looks like market does not care about any reasonable evaluation. The hedge funds deleveraging of commodity trade continue. Some of them were 30 to 50 times leverage (short $US long commodity). It will take time to clean up this mess.

There are unbelievable value in this sector. Some blue chip energy will recover much faster then CLL. 75% in cash. To chicken to triger a buy button.

Sep 11, 2008 10:09PM