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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: Sell on News??buy on spec,outlook,rumor??

Sell on News??buy on spec,outlook,rumor??

posted on Jun 16, 2009 11:37AM

so I guesse this .97 is better than .90 as the .97 has the Algar News accounted for,I still question those selling,I suppose for some the fear of or speculation of .60 would make.97 a good sell.Surely the prospects laid out below ie $460 million for ongoing projects,a $15-17 cost with WTI over $70 and inching higher,If 30000/bbl is achieved by 1st quarter 2010 then we have one heck of a company ,and made all the more "heady" if Oil price doubles???

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