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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: 2010

Re: 2010

in response to by
posted on Dec 18, 2009 02:08PM

Yes on production side if all goes well it could be good but were it's all about is the eps.

Could MRC be positive as well for some profits?

More reserves is not bad but they are still in the ground .

Before the dillution our sp traded for a long time between 3 to 4.5 and we have a short spike after pod 1 has almost reached it's target output but then it went back down for many reasons we discussed earlier.

So with a double amount of shares can we enter that range again even if Algar is in production?A shareprice need earnings to support it .

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