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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: Comparrisons?

Comparrisons?

posted on Oct 01, 2009 03:06PM

was perusing articles and came accross a reference to EnCana "ECA" here's an oil Sands producer @100,000 bbl/day it has some 750,000,000 shares and its price is around $60,here we have Connacher producing 10,000/day with 400,000,000+ shares and a price near $1.00 makes one ponder eh,I still feel Connacher with 50,000/bbl has great potential,before you get carried away,the numbers I used while not THE numbers are close lets just say I found the comparrisons encouraging and give credance to a Connacher price of +- $20 at maturity..

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