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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: Too much doom and gloom
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Feb 28, 2009 03:40AM

Feb 28, 2009 04:26PM
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Mar 01, 2009 01:20PM
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Mar 01, 2009 05:32PM
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Mar 01, 2009 06:09PM

Mar 01, 2009 07:29PM

Mar 01, 2009 08:07PM

Dow and the rest sliding further.Hope it will stop somewhere at around 6500.Otherwise the analist I've posted some time ago could be right the real bottom could bring us to 4.000.I don't believe myself in a quick recover too.If the Dow and the rest slides further then I'm affraid the stock are in for a trend like the Nikkei which set years ago the final top at 40.000 points and since then never recovered.I think now the turn has come for the rest of the world markets .Maybe hard to believe but the time to get easy rich on the stock market like it was before is gone for a very ,very long time IMO.The only way is saving money the old style .Putting on fixed safe rate accounts and live a lower standard .Maybe I'm too pessimistic but I never seen during my period on stocks such a decline with no direct cure to see a turn.

Also oil back at around 40.CLL also back of .The question asked here will CLL survive is hard to answer but that CLL is a risk right now is for sure.Management maybe waqs to quick to get that financial deal past year to built Algar and in fact has put them in a hard situation.

Now with their Argentinia PDP story it looks also a bleak one.




Mar 02, 2009 08:06AM

Mar 02, 2009 08:27AM
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Mar 02, 2009 05:34PM

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