Re: Oil price
in response to
by
posted on
Sep 29, 2008 02:42AM
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
Hi Brian
Very early out of bed today ?European markets are diving today.
I think commodities will stay weak foir quite sometime.
Oktober is also a month with no good reputation so I would not be surprised if we go down further.After the US ,banks in Europe are feeling the impact and more and more we hear saving programs from countries in the Euro zone.The so called tax drops which were promised will quickly be reversed I think all over the world too.
With normal a news from EUB coming soon it would be good for CLL 's sp for some support.An extra update how things are going after the stop in pod 1 would also be nice at least if it's positive of course on output.
We can ask ourself if DG hasn't got the deal for Algar how and at what rate he would get it now.That's maybe a good surplus for the stock compared to those which have plans tp upgrade but no financial deal at all.