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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: OIL!/sharky

Sep 22, 2008 10:44AM

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Sep 23, 2008 09:22AM

Sharky

The SP will move because of risk/reward. The reward is the cash flow/earnings etc. The risk is the multiple attached to a stock. Multiples are low right now with the uncertain markets. The multiples go up for proven companies which Connacher is not. If they start meeting or missing all goals the multiples change. Getting POD 1 running on all cylinders as well as Algar running on all cylinders would most like affect that multiple positively.


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Sep 24, 2008 08:35AM
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