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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Feb 24, 2010 02:09AM

CLL chart with somle other oil charts like Total ,Exxon,Royal Dutch etc.. and the shape is almost identic.

So something is holding up the upwards trend.If the Dow and other indexes could go back to around Januari first week levels maybe we can go back to this highs for oil too.

How much of the oil price rise is factured in?Maybe the refining results are holding up these stocks.

Maybe for one of our members here who does some mails to RG.A good question could be what he has in mind to create some value and support for the sp for the common shareholders.Or will he wait for further expansion until the debt situation is reduced or he gets some help from a partner or something else.As long as he makes no clear statement the real value will not show up .

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