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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: disgruntled Investors
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Aug 10, 2009 01:31PM

Aug 10, 2009 04:16PM
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Aug 10, 2009 09:34PM
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Aug 11, 2009 10:06AM

Rebels"

You reference "disgruntled investors". Rather than that reference, perhaps the description of them as "concerned investors" would be more appropriate.

Why concerned? At present though many are saying this will be a minor correction, there are many others forecasting a major correction in the markets and some such as Robert Prechter and Harry Dent, both of whom have tremendous forecasting histories, are saying we are in the early stages of a market which will see the Dow at 3,000 before it is done. Additionally, they are saying we will see oil run up before it also collapses as unemployment rates sky rocket to the 25% neighborhood. In other words, a depression scenario!

The question is, can Connacher survive such a scenario should it develop?? Do any here know for certain? Of course not. However, perpetually looking through rose colored glasses, can be very harmful to ones economic well being!


Aug 11, 2009 12:53PM

Aug 11, 2009 05:08PM

Aug 12, 2009 12:13AM
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Aug 12, 2009 10:32AM
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