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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: Will it be today, I doubt it Diggersam

Jun 12, 2009 04:07AM

just a few thoughts on this post,if one looks at the past Connacher was near $7.00 before its fall from grace ,if one were to look at a similar scenario in the future ie,$150/bbl and consider that shares have doubled along with an completion of Algar adding a doubling of production then would we not be in same situation,ie a $7.00 sp,hey thats a streatch for logic but is IMHO doable throw in that production costs are lowering then that return to $7.00 is not that far fetched????

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