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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: Will oil stay

Sep 24, 2008 12:09PM
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Sep 24, 2008 12:37PM
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Sep 24, 2008 02:42PM

Sep 24, 2008 03:00PM

Good ramblings digger. I have 3 things to say.

1. About the banks, I know somebody who just doubled his holdings in the past week by investing in Freddie Mac. I wish I had the person's fortitude for gambling.

2. I've heard more than 15 years for the OCS drilling benefits, I've heard 20 years except for ANWR which could produce results sooner, but not enough to matter much. For whatever that's worth.

3. Lost my train of thought. Can't afford brandy with the market like this, but Miller Lite works okay too. Something I've notice after a note here on the MB prodded me to pull up a long term chart of Connacher and the SP really hasn't moved much since 2005. In fact we're near the all-time low for the last few years. These prices won't last forever.


Sep 24, 2008 09:05PM
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