Re: Hedges HINDSIGHT
in response to
by
posted on
Jun 03, 2009 09:07AM
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
Brian:
Your optimism is refreshing LOL ! all in good fun
Looks like the Offering will be successful meaning that CLL will have over $270 million cash on hand,,Yes it cost almost a 50% dilution, but on the bright side we've got 200 million less debt on the books.
With that kind of MOULA and oil testing $70 it would be pretty safe to assume that unless there's a major catastrophe like an asteroid hitting mother earth then CLL will live to fight another day.
TO QUOTE MY FAVORITE VULCAN
Live Long and prosper