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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: So, let's be honest with each other

Since I'm on US and Canadian boards the pumper and bashers issue always come up.On European bourses we don't see these discussions .

I do not believe that small shareholders can have a great effect on sp moving.The most moves were done by big funds which have a lot of shares .

So depending of some post here on the board someone get a label as pumper or another as a basher.Some people have trouble to admit that CLL is in a situation where the view of outcome is not so clear today.

IMO the stock can have a good future but for that some things must improve like bitumen price etc..If not then we are not out of the trouble and like 2 Violins wrote if management has not been so eager to built as fast as it could Algar and therefore searched for a huge credit line despite banking sector was at that time already in very bad shape ,we were now better of without this debt situation.

So on that point I go with Jurek thought that until today the sitaution is not cleared out.

Today I read an artickle of an analist about current uptrend.It can last some time but to believe the trouble is over is not a fact.The banking sector has brought all over the world so much debt that the bubble which has burst is tryiung to find a bottom but to believe that this mess will be cleared out in a couple of months is noncence.It will take years until all the fraud is out of the market.

Almost on weekly basis I hear on tv news companies which fire some or big parts of their personel.Many of them move their machinery to other countries with lower cost.

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