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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: Connacher announces arrangement of revolving credit facility

I can't help question the financial soundness of Connacher

... chasing a miserable few 10s of million dollars credit fracility in order to be able to put hedge bets ... after raising billion dollars ... sounds like being addicted to overstreteched gambling ... remember Petrolifera

Can somebody sketch what bet this is and why we still have this bet ?

Were it not for my being 50% under I would ...

H

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