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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: Upcoming Expectations just a re-post

Mar 08, 2010 07:04PM

Yes but with CLL you never know.The company has built up an untrustable reputation.

We are stuck between 1.4 and 1.52 but though Algar is nearingh completion etc.. a downwards move wouldn't surprise me as well.

With a double amount of shares ,a huge debt on their back and for Algar we just also had to wait and see when they will achieve the design capacity etc I don't think big investors will hold this stock for longtime.

The future CAN be ok but to claim that we must see facts and so far we only have pod 1 running at 4/5 of it's output design.

The bourses are at a fragile top and their is very much nervousness to move higher.The extreme behavior of past years is gone and current level for many analist has reached to quick.


Mar 18, 2010 12:43PM
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