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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: Prediction on CLL
2
Jun 04, 2009 04:54PM

Jun 05, 2009 03:46AM

Jun 05, 2009 05:05AM


With all of the raising of capital through recent dilution, with the result of significant attributable per share value shrinkage, the appropriate question becomes, what does Management of Connacher intend doing with these funds?

If it is simply to Build Algar, then we are well and truly scre***. But, if the objective of all this capital raising is to truly to increase Connachers footprint, and if execution is effective and if the economy does not go into a depressive state, we might be OK.

As th movie says, "do you feel lucky punk?"

Brian

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