In Jail??

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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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BKM8572

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In Jail??

posted on Sep 09, 2009 11:07AM

In Jail??

Anyone here get the feeling that for the forseeable future, Connacher is in jail and will move in a narrow range with the price of oil. Meanwhile, if any problems develop with Algar or Pod 1 of course look out below. Unfortunately of course, if any problems do develop, we will be the last to know. Kind of leaves the retail investor in his normal lousy position. Makes me wonder why one should assume the risk with not much of anything on the upside for the next few months.

With the dearth of activity on the CLL Board, is it possible others have come to the same conclusion?