Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: Should Debt be a Concern ? Scott et al

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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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sharky

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Re: Should Debt be a Concern ? Scott et al - Krissy

in response to

Re: Should Debt be a Concern ? Scott et al - Krissy

jurek

posted on Dec 06, 2009 12:09PM

Very good questionq and answers in latest postings.

It's obvious the company is in a tricky field.One major thing that could ease the situation is the oil price in time.

But if for one reason we go back down again I don't know what they are gonna do.

What about MRC ?Can this bring some relief?

We need in the coming years a chance to get some more then the 40 $ which is used in the calculations.

Also I agree that we could not simply assume the outcome with Algar.We started very good with POD 1 but we all know where we ended later.So all by all CLL will be a risky investment .