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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: NAV

Oct 06, 2008 05:55AM

Oct 06, 2008 06:15AM

Maybe it's better to not look at the sp right now .

Marlboro was right .I thought like I told before 2 could be hit but under supprised me.But still we are not at the end of the session so it's possible we see a recover till the end.That would be good .

At these days valuation doesn't matter it's all about short selling no matter what the companies are doing.So much fear .

All the earnings made since the collapse after the bubble in 2000 is almost gone by now.

What can we do?Sit and watch and hold on.Selling now is stupid.

At some point there is something like NAV .So 2 $ is quite low I think .

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