Welcome to the Connacher Oil and Gas Hub on AGORACOM

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: Respect for All Opinions
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Oct 25, 2009 03:11PM

I should have explained my terse reply to Hubisan to sell his shares. My advice for him to sell is that by his method of valuation, the current SP of CLL (IE $1) already reflects the cash flow from Algar. If that is the case, then why would one continue to hold an investment that is not likely to appreciate over the next 24 months? Of course I may have misinterpreted his valuation conclusion. - Cornergas


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