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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: Effect of the fear

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Feb 08, 2010 03:45PM

Hi Spide,

I was hoping you come up with some fun stuff ;). Where is this serious note come from?

Do not worry, I understand you intentions and logic.

Whatever the angel of our exercise is, one have to accept the fact (as oppose to the opinion) that the strong $US has negative impact on the CLL operational cash flow, CLL debt, interest payments and currency hedges which are set to prefer strong $CND.

The only positive is MRC margins (which are in the $US) and WTI financial hedges.

2violins and Krissy said it all simple and clear for all to see the reason of the resent CLL SP decline.

The question is, were the $US is going and how will this effect the commodities and the oil prices?

PS. Sorry dondon for the "despise" misspelling. This is not personal. It is all about simple logic and common sense.


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