Re: ALGAR ARPROVAL/Thank God
in response to
by
posted on
Nov 06, 2008 07:56AM
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
TNX Jurek for your calculation.
If this the case for next Q's for the Sagd don't you have some faith for better figures coming from MRC if oil could stay above 60?
About your writing
In this environment the share price moves with the sector and not on the individual news.
Totally agree with you.I just asked myself if we haven't had that crisis where we would be now on sp even with a correction in oil price at 90 to 100 ?Most important will be the oil price for CLL next time to come.
Only help we could get is hoping on a big investor stepping in again like we had with Credit Suisse.Should they have their shares right now or sold them ?
I'm not in favor for a by out right now.Maybe later when Algar is on line .Now we have their last ERCB the other projects are satellite plants and will hopefully not take so much time to approve.Didn't they say they wouldn't be waiting to long to go for next upgrades?