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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: ALGAR ARPROVAL

Absolutely.----I believe the Provincial and Federal tax comes out to about 22%, which is one of the reasons that our governments like to see a higher fuel price, it helps fill their coffers.---Meanwhile, the US jobs report is out, and as expected, they weren't very good.---I don't think that this would surprise anyone, as the recession deepens.----I see that one of our blue chip gas companies reported earnings yesterday, (their name excapes me at the moment), and it showed a cash flow of about $4.50 per share, and is trading at about 2 1/2 times cash flow.---Thank goodness we're not trading at the same multiples.----CHEERS!!!

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